NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
June 2011	25 August 2011
September 2011	24 November 2011

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Steve Sykes on Canberra (02) 6252 6446.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Dec Qtr 2010	Mar Qtr 2011	Dec Qtr 2010 to Mar Qtr 2011
			$m	$m	%
Total assets at end of qtr			138 638	135 756	-2.1
of which
	Mortgages
		Residential	107 191	106 359	-0.8
		Non-residential	3 261	2 739	-16.0
Total liabilities at end of qtr			138 638	135 756	-2.1
of which
	Asset backed Securities
		Issued domestically	96 461	94 688	-1.8
		Issued off shore	27 741	26 481	-4.5
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 31 March 2011, total assets of Australian securitisers were $135.8b, down $2.9b (2.1%) on 31 December 2010. This is the fifteenth consecutive quarterly fall for the assets of Australian securitisers.

During the March quarter 2011, the fall in total assets was due primarily to falls in residential mortgages other assets (down $0.8b, 0.8%), other loans (down $0.7b, 5.0%) and non-residential mortgages (down $0.5b, 16.0%).

Mortgage assets, which accounted for 80.4% of total assets, were $109.1b as at 31 March 2011, a fall of $1.4b (1.2%) during the quarter.

Liabilities of Securitisers

As at 31 March 2011, total liabilities of Australian securitisers were $135.8b, down $2.9b (2.1%) on 31 December 2010. The fall in total liabilities was due to falls in asset backed securities issued overseas (down $1.3b, 4.5%), short term asset backed securities issued in Australia (down $1.1b, 7.2%), long term asset backed securities issued in Australia (down $0.7b, 0.8%) and other liabilities to residents ($0.2b, 3.2%), while a rise was recorded in loans and placements (up $0.3b, 4.0%).

Asset backed securities issued overseas as a proportion of total liabilities fell to 19.5% in the March quarter 2011, down 0.5 percentage points on the December quarter 2010.

Asset backed securities issued domestically as a proportion of total liabilities rose to 69.7% in the March quarter 2011, up 0.1 percentage points on the December quarter 2010.