NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)	Release Date
December 2011	23 February 2012
March 2012	24 May 2012

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Isabel Graham on Canberra (02) 6252 5208.


SUMMARY COMMENTARY


KEY FIGURES

Securitisers, Australia - Assets and Liabilities(a)
			Jun Qtr 2011	Sep Qtr 2011	Jun Qtr 2011 to Sep Qtr 2011
			$m	$m	%
Total assets at end of qtr			136 772	134 839	-1.4
of which
	Mortgages
		Residential	108 768	110 719	1.8
		Non-residential	2 471	2 566	3.8
Total liabilities at end of qtr			136 772	134 839	-1.4
of which
	Asset backed Securities
		Issued domestically	99 790	98 687	-1.1
		Issued off shore	24 068	24 312	1.0
(a) See paragraph 7 of the Explanatory Notes for details of the coverage of these statistics.

Assets of Securitisers

As at 30 September 2011, total assets of Australian securitisers were $134.8b, down $1.9b (1.4%) on 30 June 2011.

During the September quarter 2011, the fall in total assets was due primarily to decreases in long term asset backed bonds (down $3.3b, 46.9%) and other loans (down $1.1b, 8.1%). These decreases were partially offset by rises in residential mortgages (up $2.0b, 1.8%) and cash and deposits (up $0.4b, 10.9%).

Mortgage assets, which accounted for 84.0% of total assets, were $113.3b as at 30 September 2011, a rise of $2.0b (1.8%) during the quarter.

Liabilities of Securitisers

As at 30 September 2011, total liabilities of Australian securitisers were $134.8b, down $1.9b (1.4%) on 30 June 2011. The fall in total liabilities was due to decreases in short term asset backed securities issued in Australia (down $4.5b, 30.7%), loans and placements (down $0.7b, 8.8%) and other liabilities to residents (down $0.4b, 7.6%). Increases were recorded in long term asset backed securities issued in Australia (up $3.4b, 3.9%) and asset backed securities issued overseas (up $0.2b, 1.0%).

Asset backed securities issued overseas as a proportion of total liabilities rose to 18.0% in the September quarter 2011, up 0.4 percentage points on the June quarter 2011.

Asset backed securities issued domestically as a proportion of total liabilities rose to 73.2% in the September quarter 2011, up 0.2 percentage points on the June quarter 2011.