NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
June 2010	26 August 2010
September 2010	25 November 2010

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Wolfgang Hertel on Canberra (02) 6252 7883.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Dec Qtr 2009	Mar Qtr 2010	Dec Qtr 2009 to Mar Qtr 2010
			$m	$m	%
Total assets at end of qtr			160 758	154 162	-4.1
of which
	Mortgages
		Residential	119 839	117 403	-2.0
		Non-residential	5 291	4 889	-7.6
Total liabilities at end of qtr			160 758	154 162	-4.1
of which
	Asset backed Securities
		Issued domestically	106 464	105 081	-1.3
		Issued off shore	43 083	38 146	-11.5
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 31 March 2010, total assets of Australian securitisers were $154.2b, down $6.6b (4.1%) on December quarter 2009. This is the eleventh consecutive quarterly fall for the assets of Australian securitisers.

Mortgage assets, which accounted for 79.3% of total assets, were $122.3b at 31 March 2010, a decrease of $2.8b (2.3%) during the quarter.

During the March quarter 2010, the decrease in total assets was due primarily to falls in residential mortgages (down $2.4b, 2.0%), the holdings of long term securities, asset backed bonds (down $1.7b, 15.0%) and the holdings of other loans (down $1.3b, 9.4%).

Liabilities of Securitisers

The $6.6b decrease in total liabilities during the March quarter 2010 was primarily due to falls in asset backed securities issued overseas (down $4.9b, 11.5%) and short term asset backed securities issued in Australia (down $1.6b, 7.7%).

Asset backed securities issued overseas as a proportion of total liabilities decreased to 24.7% in the March quarter 2010, down 2.1 percentage points on December quarter 2009.

Asset backed securities issued domestically as a proportion of total liabilities increased to 68.2% in the March quarter 2010, up 2.0 percentage points on December quarter 2009.