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Securitisers? assets fall for first time in 12 years

Staff Reporter 1 minute read

The total assets of Australian securitisers at the end of the September quarter were $272.4 billion – down 0.6 per cent or $1.5 billion on the June quarter, and the first fall in 12 years. 

ABS data released Friday noted the fall in the assets was “driven from the liability side of the balance sheet” as securitisers encountered difficulties in issuing debt securities during the quarter.

The data also showed mortgage assets, which accounted for 78.3 per cent of total assets, were $213.3 billion at 30 September 2007 – a decrease of $2.5 billion or 1.2 per cent during the quarter.

Residential mortgages decreased by $1.7 billion (0.8 per cent), and non-residential mortgages dropped $0.9 billion (7.9 per cent).

Securitisers? assets fall for first time in 12 years
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