Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Securitsers? assets continue to fall

Staff Reporter 1 minute read

Assets of Australian securitisers were down 5.7 per cent to $238.9 billion at the end of the June quarter compared to the March quarter – the fourth consecutive quarterly fall the ABS data revealed today.

Mortgage assets, which accounted for 75 per cent of total assets, were down six per cent during the quarter to $179.1 billion. This compared to $216.9 billion in the June quarter 2007.

Residential mortgages decreased by $9.7 billion (5.4 per cent) during the quarter while non-residential mortgages decreased by a hefty 18.5 per cent to $8.2 billion.

Over the quarter, asset-backed securities issued overseas fell by 0.6 per cent while those issued domestically rose 0.6 per cent.

Published: 26-08-08
Securitsers? assets continue to fall
default
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.

default

 

more from the adviser
David Hyman Lendi lays out post-merger strategy

Having wrapped its first month post-merger with Aussie, Lendi’s...

website computer Non-major lender updates broker website

A regional lender has updated its broker website with new feature...

Jeff zulman TrailBlazer joins SME Recovery Loan Scheme panel

The non-bank lender has become the 19th member of the government...