8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported) October 14, 2003

Macquarie Securitisation Limited (ABN 16 003 297 336)

(Exact Name of Registrant as Specified in its Charter)

New South Wales, Australia

(State or Other Jurisdiction of Incorporation)

333-105642	Not Applicable
(Commission File Number)	(I.R.S. Employer Identification No.)

Level 23, 20 Bond Street, Sydney NSW, 2000, Australia
(Address of Principal Executive Offices)	(Zip Code)

(011) 612 8232 3481

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Exhibit Index Located on Page 5

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TABLE OF CONTENTS

	Item 5. Other Events.
	Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
SIGNATURES
INDEX TO EXHIBITS
QUARTERLY SERVICING REPORT

Item 5. Other Events.

     On August 19, 2003, pursuant to a registration statement (No. 333-105642), Perpetual Trustees Australia Limited, in its capacity as issuer trustee (the “Issuer Trustee”) of the PUMA Global Trust No. 4 (the “Trust”), publicly issued initial principal amount U.S.$1,200,000,000 of Class A Mortgage Backed Floating Rate Notes and initial principal amount A$57,500,000 of A$ Class B Mortgage Backed Floating Rate Notes (the “Notes”). A regular quarterly distribution is due to be made by the Issuer Trustee to the holders of the Notes on the quarterly payment date falling on October 14, 2003. In connection with this quarterly payment date, the registrant, as the manager of the Trust, prepared and delivered a quarterly servicing report to the Issuer Trustee and The Bank of New York, New York, as principal paying agent and note trustee.

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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

     List below the financial statements, pro forma financial information and exhibits, if any, filed as part of this report.

(a)	Financial Statements of Business Acquired.
	Not applicable
(b)	Pro Forma Financial Information.
	Not applicable
(c)	Exhibits.

Exhibit
No.	Document Description
99.1	Quarterly Servicing Report related to October 14, 2003 Quarterly Payment Date

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		MACQUARIE SECURITISATION LIMITED
		(Registrant)
Dated: October 21, 2003	By:	/s/ Anthony Dominic Crossley
		Name: Anthony Dominic Crossley
		Title: Principal Financial Officer

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INDEX TO EXHIBITS

Exhibit
No.	Document Description
99.1	Quarterly Servicing Report related to October 11, 2003 Quarterly Payment Date

5 EX-99.1 3 y90910exv99w1.htm QUARTERLY SERVICING REPORT

EXHIBIT 99.1

PUMA GLOBAL TRUST NO. 4 QUARTERLY SERVICING REPORT
IN RESPECT OF THE QUARTERLY PERIOD FROM 19 AUGUST 2003 TO 13 OCTOBER 2003

NOTE INFORMATION

	Class A Notes	A$ Class B Notes
Original Principal Balance of each class of Note at the time of their issue	US$1,200,000,000	A$57,500,000
Principal Balance of each class of Note at the end of the immediately preceding Quarterly Payment Date	US$1,200,000,000	A$57,500,000
Amount to be applied towards payment of principal on each class of Note on this Quarterly Payment Date	US$0	A$0
Principal Balance of each class of Note after payments referred to above have been applied	US$1,200,000,000	A$57,500,000
Note Factor at the end of the Quarterly Payment Date	1.000000000	1.000000000
Amount to be applied towards payment of interest on each class of Note on this Quarterly Payment Date	US$2,441,712	A$501,244
LIBOR / BBSW in respect of this quarterly period	1.11806%	4.8318%
Rate of interest payable on each class of Note in respect of this quarterly period	1.30806%	5.6818%
A$ REDRAW NOTES AND A$ SUBORDINATED NOTES
As at 2 October 2003 no A$ Redraw Notes or A$ Subordinated Notes have been issued
REDRAW FACILITY
Redraw Facility Principal at the commencement of this Quarterly Payment Date	A$250,000
Redraw Facility Principal at the end of this Quarterly Payment Date	A$250,000
Redraw Facility Principal repaid during the quarterly period	A$0
Aggregate Subordinate Funded Further Advance Amounts in relation to the Quarterly Payment Date	A$7,261
Interest paid on Redraw Facility Principal during the quarterly period	A$1,808
PRINCIPAL CASH BALANCE IN AUD
Principal Cash Balance at the commencement of this Quarterly Payment Date	A$9,508,270
Principal Cash Balance at the end of this Quarterly Payment Date	A$9,508,270
INCOME RESERVE IN AUD
Income Reserve at the commencement of this Quarterly Payment Date	A$0
Income Reserve at the end of this Quarterly Payment Date	A$0
COLLECTION INFORMATION IN AUD
Collections (1) held by the Trustee in relation to this Quarterly Payment Date	A$28,155,589
Less : Principal Cash Balance at the end of the Quarterly Payment Date	A$9,508,270
Less : Income Reserve at the end of the Quarterly Payment Date	A$0
Collections (other than Principal Cash Balance and Income Reserve) at the end of the Quarterly Payment Date	A$18,647,319
Less : Collections to be applied towards repayment of Redraw Facility Principal on the Quarterly Payment Date	A$0
Less : Collections to be applied towards payment of Expenses of the Trust in respect of this quarterly period	A$18,647,319
Collections to be applied towards repayment of US$ Notes on the Quarterly Payment Date	A$0
Principal Collections (net of redraws) in relation to this Quarterly Payment Date	A$70,330,536
Less : Principal Collections applied or retained by the Trust to be applied towards the acquisition of substitute housing loans	A$70,330,536
Less : Principal Collections to be applied towards repayment of Redraw Facility
Principal on the Quarterly Payment Date	A$0
Principal Collections to be applied towards repayment of US$ Notes on the Quarterly Payment Date	A$0

(1) The Collections figure shown is net of amounts applied or to be applied towards the acquisition of substitute housing loans and the funding of Redraws

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PUMA GLOBAL TRUST NO. 4 QUARTERLY SERVICING REPORT IN RESPECT OF
THE QUARTERLY PERIOD FROM 19 AUGUST 2003 TO 13 OCTOBER 2003 (continued)

PRE-FUNDING POOL INFORMATION IN AUD

	Number of Housing Loans		Aggregate Principal Balance		Weighted Average Interest			Amount Remaining in the Pre-
	Acquired		of Housing Loans Acquired		Rate Payable on the			Funding Pool at the end of the
					Housing Loans Acquired			Pre-Funding Period and added
								to Collections
Details of the housing loans acquired using pre-funding pool amounts		1,939		A$432,171,896		6.4135	%		A$119

HOUSING LOAN POOL INFORMATION IN AUD

	Number of Housing Loans		Number of Housing Loan		Maximum Current Housing		Minimum Current Housing
			Accounts		Loan Balance		Loan Balance
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date		9,500		11,149		A$1,050,000		A$0

	Weighted Average Original			Maximum Original			Total Valuation of the
	Loan-to-Value Ratio			Loan-to-Value Ratio			Security Properties
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date		74.85	%		95.00	%		A$3,049,470,470

	Outstanding Balance of		Outstanding Balance of Fixed		Outstanding Balance of		Average Current Housing
	Housing Loans		Rate Housing Loans		Variable Rate Housing		Loan Balance
					Loans
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date		A$1,892,145,208		A$98,822,092		A$1,793,323,116		A$199,173

	Maximum Remaining Term	Weighted Average Remaining	Weighted Average
	To Maturity	Term to Maturity	Seasoning
Amount as at the close of business on the seventh business day prior to this Quarterly Payment Date	360 months	348 months	12 months

FURTHER ADVANCE INFORMATION IN AUD

Aggregate amount of Further Advances (not being subordinated further advances) made during the period A$0

DELINQUENCY INFORMATION

As at the opening of business on September 1, 2003.

	Number of Housing Loans		Percentage of Pool by number			Outstanding Balance of the		Percentage of Pool by
			Applicable Delinquent Housing			Outstanding Balance of
			Loans			Housing Loans
30 - 59 days		18		0.16	%		A$5,083,525		0.27	%
60 - 89 days		0		0.00	%		A$0		0.00	%
90 - 119 days		0		0.00	%		A$0		0.00	%
Greater than 120 days		0		0.00	%		A$0		0.00	%
Total Arrears		18		0.16	%		A$5,083,525		0.27	%

MORTGAGE INSURANCE CLAIMS INFORMATION

Details provided are in respect of the period since the Closing Date to the opening of business on September 1, 2003.
Amount of mortgage insurance claims made:	A$0
Amount of mortgage insurance claims paid:	A$0
Amount of mortgage insurance claims pending:	A$0
Amount of mortgage insurance claims denied:	A$0

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EX-99.1

QUARTERLY SERVICING REPORT