NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
June 2012	23 August 2012
September 2012	28 November 2012

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Joan Zhang on Sydney (02) 9268 4812.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Dec Qtr 2011	Mar Qtr 2012	Dec Qtr 2011 to Mar Qtr 2012
			$m	$m	%
Total assets at end of qtr			133 652	128 034	-4.2
of which
	Mortgages
		Residential	110 474	105 883	-4.2
		Non-residential	2 624	2 582	-1.6
Total liabilities at end of qtr			133 652	128 034	-4.2
of which
	Asset backed Securities
		Issued domestically	100 515	95 599	-4.9
		Issued off shore	20 419	19 051	-6.7
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 31 March 2012, total assets of Australian securitisers were $128.0b, down $5.6b (4.2%) on 31 December 2011.

During the March quarter 2012, the fall in total assets was due primarily to falls in residential mortgage loans (down $4.6b, 4.2%), cash and deposits (down $0.4b, 8.5%), other loans (down $0.2b, 1.8%) and long-term asset backed bonds (down $0.2b, 11.5%).

Mortgage assets, which accounted for 84.7% of total assets, were $108.5b as at 31 March 2012, a fall of $4.6b (4.1%) during the quarter.

Liabilities of Securitisers

As at 31 March 2012, total liabilities of Australian securitisers were $128.0b, down $5.6b (4.2%) on 31 December 2011. The fall in total liabilities was due to falls in long-term asset backed securities issued in Australia (down $5.0b, 5.4%) and asset backed securities issued overseas (down $1.4b, 6.7%). These falls were partially offset by a rise in loans and placements ($0.8b, 9.8%).

Asset backed securities issued overseas as a proportion of total liabilities fell to 14.9% in the March quarter 2012, down 0.4 percentage points on the December quarter 2011 percentage of 15.3%.

Asset backed securities issued domestically as a proportion of total liabilities fell to 74.7% in the March quarter 2012, down 0.5 percentage points on the December quarter 2011 percentage of 75.2%.