Via Moody’s:
Moody’s Investors Service says that delinquencies for Australian auto loan asset-backed securities (ABS) and prime residential mortgage-backed securities (RMBS) fell in August 2017 from July 2017.
Specifically, 30+ day delinquencies for Australian auto loan ABS transactions fell to 1.60% in August 2017 from 1.64% in July 2017, but rose from 1.42% in August 2016. Delinquencies for prime RMBS transactions fell to 1.55% in August 2017 from 1.60% in July 2017, but rose from 1.49% in August 2016.