EXHIBIT 13.1



NOTEHOLDERS REPORTS FOR THE FEBRUARY 27, 2004, MAY 27, 2004, AUGUST 27, 2004 AND
                       THE NOVEMBER 29, 2004 PAYMENT DATES


<PAGE>

                                                                    EXHIBIT 13.1

                       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) March 16, 2004
                                                          --------------

        INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED (as trust manager
                  of Interstar Millennium Series 2003-1G Trust)


                 INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



                            Commonwealth of Australia
                 ----------------------------------------------
                 (State or Other Jurisdiction of Incorporation)



           333-102569                                   Not Applicable
    ------------------------                ------------------------------------
    (Commission File Number)                (I.R.S. Employer Identification No.)



Level 28, 367 Collins Street, Melbourne,Victoria,3000,Australia   Not Applicable
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                            (Zip Code)


                                  613-9612-1111
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                                 Not Applicable
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


<PAGE>

ITEM 5.  OTHER EVENTS.

         On February 27, 2003 Interstar  Securitisation  Management Pty Limited,
in its  capacity  as  Trust  Manager  (the  "Trust  Manager")  of the  Interstar
Millenium Series 2003-1G Trust (the "Trust") , publicly issued US$750,000,000 of
Class A2 Mortgage Backed Floating Rate Notes due May 2035 and  US$15,500,000  of
Class B1 Mortgage Backed Floating Rate Notes due May 2035 (the "Notes") pursuant
to a registration  statement (No. 333-102569) declared effective on February 12,
2003.  Interstar  Securitisation  Management Pty Limited was the manager for the
issuance of the Notes.  Capitalized  terms used in this Form 8-K and not defined
have the same meanings given to them in the prospectus related to the Notes.

         On May 27, 2003,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.

         On August  27,  2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On November 27, 2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On February 27, 2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.

(a)      Financial Statements

         Not applicable.

(b)      Pro Forma Financial Information.

         Not applicable.

(c)      Exhibits.


<PAGE>


                  ITEM 601(A) OF
                  REGULATION S-K
EXHIBIT NO.       EXHIBIT NO.                     DESCRIPTION
----------        --------------                  -----------

    1                  99           Quarterly Noteholders Report Related to the
                                    February 27, 2004 Distribution


<PAGE>

                                   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,  as Trust
Manager for the Interstar  Millennium  Series 2003-1G Trust, by the undersigned,
thereunto duly authorized.


                             Interstar Securitisation Management Pty Limited,
                             (in its capacity as trust manager for the Interstar
                             Millennium Series 2003-1G Trust)
                             ---------------------------------------------------
                             (Registrant)



Dated: March 16, 2004

                             By: /S/ SAM KYRIACOU
                                ------------------------------------------------
                             Name:   Sam Kyriacou
                             Title:  Director

<PAGE>


                                INDEX OF EXHIBITS



                  ITEM 601(A) OF
EXHIBIT           REGULATION S-K
NUMBER            EXHIBIT NO.      DESCRIPTION                             PAGE
-------           --------------   -----------                             ----

Exhibit 1         99               Quarterly Noteholders Report             1
                                   Related to the February 27, 2004
                                   Distribution


<PAGE>
                                                                    Exhibit 99.1


                    INTERSTAR MILLENIUM SERIES 2003-1G TRUST

   Quarterly Noteholders Report Related to the February 27, 2004 Distribution

<TABLE>
<CAPTION>
-------------------------------------------------------  -----------------------------------------------------
<S>                                                     <C>               <C>           <C>

                                                         A2 Notes:         USD $652,681,592.40
                                                                           AUD $1,095,007,152.01
Aggregate principal amount of each class of notes as     B1 Notes:         USD $13,488,752.91
at the first day after the payment date occurring
during the collection period                             AUD $21,584,403.19
-------------------------------------------------------  -----------------------------------------------------

Aggregate amount of interest payable on each class of    A2 Notes:         USD $2,375,761.00

notes on the payment date                                B1 Notes:         USD $68,875.07
-------------------------------------------------------  -----------------------------------------------------

Aggregate of principal payments to be made in respect
to each class of notes on payment date being 27th        A2 Notes:         USD $40,557,294.45
February 2004                                            B1 Notes;         USD $838,184.09
-------------------------------------------------------  -----------------------------------------------------


Income for the collection period                         AUD $21,421,582.85
-------------------------------------------------------  -----------------------------------------------------

The Mortgage Principal Repayments for the Collection
Period                                                   AUD $102,057,551.00
-------------------------------------------------------  -----------------------------------------------------

Expenses of the trust for the period                     AUD $18,726,791.83
-------------------------------------------------------  -----------------------------------------------------

Aggregate of all redraws on the housing loans made
during the collection period                             AUD $25,588,366.00
-------------------------------------------------------  -----------------------------------------------------

Interest rates (US all in) applicable for period         A2 Notes:         1.39000%
ending 26th May 2004                                     B1 Notes:         1.97000%
------------------------------------------------------- -----------------------------------------------------

The Scheduled and Unscheduled payments of principal      Scheduled         AUD $1,300,224.00
during the Collection period                             Unscheduled       AUD $100,757,327.00
------------------------------------------------------- -----------------------------------------------------

Aggregate of outstanding balances of housing loans as
at last day of collection period                         18 February 2004: AUD $1,140,525,402.00
------------------------------------------------------- -----------------------------------------------------

Delinquency and Loss statistics with respect to the      Loss:            Nil
housing loans as at the last day of the collection       Delinquency:     0-29           1.49%
period                                                                    30-59          0.58%
-------------------------------------------------------  -----------------------------------------------------
</TABLE>
<PAGE>

                                                                    EXHIBIT 13.1

                       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) June 10, 2004
                                                          -------------


        INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED (as trust manager
                  of Interstar Millennium Series 2003-1G Trust)


                 INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



                            Commonwealth of Australia
                 ----------------------------------------------
                 (State or Other Jurisdiction of Incorporation)



           333-102569                                   Not Applicable
    ------------------------                ------------------------------------
    (Commission File Number)                (I.R.S. Employer Identification No.)



Level 28, 367 Collins Street, Melbourne,Victoria,3000,Australia   Not Applicable
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                            (Zip Code)


                                  613-9612-1111
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                                 Not Applicable
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


<PAGE>

ITEM 5.  OTHER EVENTS.

         On February 27, 2003 Interstar  Securitisation  Management Pty Limited,
in its  capacity  as  Trust  Manager  (the  "Trust  Manager")  of the  Interstar
Millenium Series 2003-1G Trust (the "Trust") , publicly issued US$750,000,000 of
Class A2 Mortgage Backed Floating Rate Notes due May 2035 and  US$15,500,000  of
Class B1 Mortgage Backed Floating Rate Notes due May 2035 (the "Notes") pursuant
to a registration  statement (No. 333-102569) declared effective on February 12,
2003.  Interstar  Securitisation  Management Pty Limited was the manager for the
issuance of the Notes.  Capitalized  terms used in this Form 8-K and not defined
have the same meanings given to them in the prospectus related to the Notes.

         On May 27, 2003,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.

         On August  27,  2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On November 27, 2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On February 27, 2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On May 27, 2004,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.

(a)      Financial Statements

         Not applicable.

(b)      Pro Forma Financial Information.

         Not applicable.

(c)      Exhibits.


<PAGE>


                  ITEM 601(A) OF
                  REGULATION S-K
EXHIBIT NO.       EXHIBIT NO.                     DESCRIPTION
----------        --------------                  -----------

    1                  99           Quarterly Noteholders Report Related to the
                                    May 27, 2004 Distribution


<PAGE>

                                   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,  as Trust
Manager for the Interstar  Millennium  Series 2003-1G Trust, by the undersigned,
thereunto duly authorized.


                             Interstar Securitisation Management Pty Limited,
                             (in its capacity as trust manager for the Interstar
                             Millennium Series 2003-1G Trust)
                             ---------------------------------------------------
                             (Registrant)



Dated: June 10, 2004

                             By:     /S/ SAM KYRIACOU
                                ------------------------------------------------
                             Name:   Sam Kyriacou
                             Title:  Director

<PAGE>


                                INDEX OF EXHIBITS



                  ITEM 601(A) OF
EXHIBIT           REGULATION S-K
NUMBER            EXHIBIT NO.      DESCRIPTION                             PAGE
-------           --------------   -----------                             ----

Exhibit 1         99               Quarterly Noteholders Report             1
                                   Related to the May 27, 2004
                                   Distribution




<PAGE>
                                                                    Exhibit 99.1


                    INTERSTAR MILLENIUM SERIES 2003-1G TRUST

      Quarterly Noteholders Report Related to the May 27, 2004 Distribution

<TABLE>
<CAPTION>
-------------------------------------------------------  -----------------------------------------------------
<S>                                                     <C>               <C>           <C>

Aggregate principal amount of each class of notes as     A2 Notes:         USD   $612,124,297.98
at the first day after the payment date occurring                          AUD $1,029,836,165.95
during the collection period                             B1 Notes:         USD    $12,650,568.82
                                                                           AUD    $20,299,775.20

-------------------------------------------------------  -----------------------------------------------------

Aggregate amount of interest payable on each class of    A2 Notes:         USD $2,127,131.94

notes on the payment date                                B1 Notes:         USD $62,304.05
-------------------------------------------------------  -----------------------------------------------------

Aggregate of principal payments to be made in respect
to each class of notes on payment date being 27th        A2 Notes:         USD $33,993,967.87
May 2004                                                 B1 Notes;         USD $702,542.00
-------------------------------------------------------  -----------------------------------------------------

Income for the collection period                         AUD $20,387,927.20
-------------------------------------------------------  -----------------------------------------------------

The Mortgage Principal Repayments for the Collection
Period                                                   AUD $88,087,938.00
-------------------------------------------------------  -----------------------------------------------------

Expenses of the trust for the period                     AUD $17,612,013.25
-------------------------------------------------------  -----------------------------------------------------

Aggregate of all redraws on the housing loans made
during the collection period                             AUD $24,049,541.00
-------------------------------------------------------  -----------------------------------------------------

Interest rates (US all in) applicable for period         A2 Notes:         1.56000%
ending 26th August 2004                                  B1 Notes:         2.14000%
------------------------------------------------------- -----------------------------------------------------

The Scheduled and Unscheduled payments of principal      Scheduled         AUD $1,807,818.00
during the Collection period                             Unscheduled       AUD $86,280,120.00
------------------------------------------------------- -----------------------------------------------------

Aggregate of outstanding balances of housing loans as
at last day of collection period                         18 May 2004:  AUD $1,076,487,004.00
------------------------------------------------------- -----------------------------------------------------

Delinquency and Loss statistics with respect to the      Loss:            Nil
housing loans as at the last day of the collection       Delinquency:     0-29        1.76%
period                                                                    30-59       0.62%
                                                                          60+         0.48%
-------------------------------------------------------  -----------------------------------------------------
</TABLE>

<PAGE>


                                                                    EXHIBIT 13.1

                       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) September 9, 2004
                                                          -----------------


        INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED (as trust manager
                  of Interstar Millennium Series 2003-1G Trust)


                 INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



                            Commonwealth of Australia
                 ----------------------------------------------
                 (State or Other Jurisdiction of Incorporation)



           333-102569                                   Not Applicable
    ------------------------                ------------------------------------
    (Commission File Number)                (I.R.S. Employer Identification No.)



Level 28, 367 Collins Street, Melbourne,Victoria,3000,Australia   Not Applicable
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                            (Zip Code)


                                  613-9612-1111
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                                 Not Applicable
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)



Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[x] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))


<PAGE>


ITEM 8.01   OTHER EVENTS.

         On February 27, 2003 Interstar  Securitisation  Management Pty Limited,
in its  capacity  as  Trust  Manager  (the  "Trust  Manager")  of the  Interstar
Millenium Series 2003-1G Trust (the "Trust") , publicly issued US$750,000,000 of
Class A2 Mortgage Backed Floating Rate Notes due May 2035 and  US$15,500,000  of
Class B1 Mortgage Backed Floating Rate Notes due May 2035 (the "Notes") pursuant
to a registration  statement (No. 333-102569) declared effective on February 12,
2003.  Interstar  Securitisation  Management Pty Limited was the manager for the
issuance of the Notes.  Capitalized  terms used in this Form 8-K and not defined
have the same meanings given to them in the prospectus related to the Notes.

         On May 27, 2003,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.

         On August  27,  2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On November 27, 2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On February 27, 2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On May 27, 2004,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.

         On August  27,  2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distrubution of principal and interest to the holders of the
Notes issued by the Trust.


ITEM 9.01  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.

(a)      Financial Statements

         Not applicable.

(b)      Pro Forma Financial Information.

         Not applicable.

(c)      Exhibits.


<PAGE>


                  ITEM 601(A) OF
                  REGULATION S-K
EXHIBIT NO.       EXHIBIT NO.                     DESCRIPTION
----------        --------------                  -----------

    1                  99           Quarterly Noteholders Report Related to the
                                    August 27, 2004 Distribution


<PAGE>

                                   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,  as Trust
Manager for the Interstar  Millennium  Series 2003-1G Trust, by the undersigned,
thereunto duly authorized.


                             Interstar Securitisation Management Pty Limited,
                             (in its capacity as trust manager for the Interstar
                             Millennium Series 2003-1G Trust)
                             ---------------------------------------------------
                             (Registrant)



Dated: September 10, 2004

                             By:     /S/ SAM KYRIACOU
                                ------------------------------------------------
                             Name:   Sam Kyriacou
                             Title:  Director

<PAGE>


                                INDEX OF EXHIBITS



                  ITEM 601(A) OF
EXHIBIT           REGULATION S-K
NUMBER            EXHIBIT NO.      DESCRIPTION                             PAGE
-------           --------------   -----------                             ----

Exhibit 1         99               Quarterly Noteholders Report              1
                                   Related to the August 27, 2004
                                   Distribution

<PAGE>
                                                                    Exhibit 99.1


                    INTERSTAR MILLENIUM SERIES 2003-1G TRUST

    Quarterly Noteholders Report Related to the August 27, 2004 Distribution

<TABLE>
<CAPTION>
-------------------------------------------------------  -----------------------------------------------------
<S>                                                     <C>               <C>           <C>

Aggregate principal amount of each class of notes as     A2 Notes:         USD  $578,130,330.11
at the first day after the payment date occurring                          AUD  $966,062,047.81
during the collection period                             B1 Notes:         USD   $11,948,026.82
                                                                           AUD   $19,042,681.78

-------------------------------------------------------  -----------------------------------------------------

Aggregate amount of interest payable on each class of    A2 Notes:         USD  $2,304,812.92
notes on the payment date                                B1 Notes:         USD     $65,342.43
-------------------------------------------------------  -----------------------------------------------------

Aggregate of principal payments to be made in respect
to each class of notes on payment date being 27th        A2 Notes:         USD  $41,807,730.07
August 2004                                              B1 Notes;         USD     $864,026.42
-------------------------------------------------------  -----------------------------------------------------

Income for the collection period                         AUD $19,722,983.00
-------------------------------------------------------  -----------------------------------------------------

The Mortgage Principal Repayments for the Collection
Period                                                   AUD $98,654,556.00
-------------------------------------------------------  -----------------------------------------------------

Expenses of the trust for the period                     AUD $16,802,447.00
-------------------------------------------------------  -----------------------------------------------------

Aggregate of all redraws on the housing loans made
during the collection period                             AUD $19,896,465.00
-------------------------------------------------------  -----------------------------------------------------

Interest rates (US all in) applicable for period         A2 Notes:      2.04000%
ending 28th November 2004                                B1 Notes:      2.62000%
------------------------------------------------------- -----------------------------------------------------

The Scheduled and Unscheduled payments of principal      Scheduled         AUD  $1,530,817.00
during the Collection period                             Unscheduled       AUD $97,123,739.00
------------------------------------------------------- -----------------------------------------------------

Aggregate of outstanding balances of housing loans as
at last day of collection period                         18 August 2004:   AUD $997,728,913.00
------------------------------------------------------- -----------------------------------------------------

Delinquency and Loss statistics with respect to the      Loss:            Nil
housing loans as at the last day of the collection       Delinquency:     0-29       1.88%
period                                                                    30-59      0.63%
                                                                          60+        0.56%
-------------------------------------------------------  -----------------------------------------------------
</TABLE>

<PAGE>


                                                                    EXHIBIT 13.1

                       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) Novmeber 29, 2004
                                                          -----------------


        INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED (as trust manager
                  of Interstar Millennium Series 2003-1G Trust)


                 INTERSTAR SECURITISATION MANAGEMENT PTY LIMITED
             ------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



                            Commonwealth of Australia
                 ----------------------------------------------
                 (State or Other Jurisdiction of Incorporation)



           333-102569                               Not Applicable
    ------------------------            ------------------------------------
    (Commission File Number)            (I.R.S. Employer Identification No.)



Level 10, 101 Collins Street, Melbourne,Victoria,3000,Australia   Not Applicable
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                            (Zip Code)


                                  613-8616-1600
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                                 Not Applicable
          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)



Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))


<PAGE>


ITEM 8.01   OTHER EVENTS.

         On February 27, 2003 Interstar  Securitisation  Management Pty Limited,
in its  capacity  as  Trust  Manager  (the  "Trust  Manager")  of the  Interstar
Millenium Series 2003-1G Trust (the "Trust") , publicly issued US$750,000,000 of
Class A2 Mortgage Backed Floating Rate Notes due May 2035 and  US$15,500,000  of
Class B1 Mortgage Backed Floating Rate Notes due May 2035 (the "Notes") pursuant
to a registration  statement (No. 333-102569) declared effective on February 12,
2003.  Interstar  Securitisation  Management Pty Limited was the manager for the
issuance of the Notes.  Capitalized  terms used in this Form 8-K and not defined
have the same meanings given to them in the prospectus related to the Notes.

         On May 27, 2003,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.

         On August  27,  2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On November 27, 2003,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On February 27, 2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.

         On May 27, 2004,  the Quarterly  Payment Date, the Trust made a regular
quarterly  distribution  of  principal  and interest to the holders of the Notes
issued by the Trust.

         On August  27,  2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distrubution of principal and interest to the holders of the
Notes issued by the Trust.

         On November 29, 2004,  the  Quarterly  Payment  Date,  the Trust made a
regular  quarterly  distribution of principal and interest to the holders of the
Notes issued by the Trust.


ITEM 9.01  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.

(a)      Financial Statements

         Not applicable.

(b)      Pro Forma Financial Information.

         Not applicable.

(c)      Exhibits.


<PAGE>


                  ITEM 601(A) OF
                  REGULATION S-K
EXHIBIT NO.       EXHIBIT NO.                     DESCRIPTION
----------        --------------                  -----------

    1                  99           Quarterly Noteholders Report Related to the
                                    November 29, 2004 Distribution


<PAGE>

                                   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,  as Trust
Manager for the Interstar  Millennium  Series 2003-1G Trust, by the undersigned,
thereunto duly authorized.


                             Interstar Securitisation Management Pty Limited,
                             (in its capacity as trust manager for the Interstar
                             Millennium Series 2003-1G Trust)
                             ---------------------------------------------------
                             (Registrant)



Dated: December 6, 2004

                             By:     /S/ SAM KYRIACOU
                                ------------------------------------------------
                             Name:   Sam Kyriacou
                             Title:  Director

<PAGE>


                                INDEX OF EXHIBITS



                  ITEM 601(A) OF
EXHIBIT           REGULATION S-K
NUMBER            EXHIBIT NO.      DESCRIPTION                             PAGE
-------           --------------   -----------                             ----

Exhibit 1         99               Quarterly Noteholders Report              1
                                   Related to the November 29, 2004
                                   Distribution


<PAGE>

                                                                    Exhibit 99.1


                    INTERSTAR MILLENIUM SERIES 2003-1G TRUST

    Quarterly Noteholders Report Related to the November 29, 2004 Distribution

<TABLE>
<CAPTION>
-------------------------------------------------------  -----------------------------------------------------
<S>                                                     <C>               <C>           <C>

Aggregate principal amount of each class of notes as     A2 Notes:         USD  $536,322,600.04
at the first day after the payment date occurring                          AUD  $896,381,197.57
during the collection period                             B1 Notes:         USD   $11,084,000.40
                                                                           AUD   $17,669,156.90

-------------------------------------------------------  -----------------------------------------------------

Aggregate amount of interest payable on each class of    A2 Notes:         USD  $2,856,811.72
notes on the payment date                                B1 Notes:         USD     $75,826.88
-------------------------------------------------------  -----------------------------------------------------

Aggregate of principal payments to be made in respect
to each class of notes on payment date being 27th        A2 Notes:         USD  $33,468,225.00
August 2004                                              B1 Notes;         USD     $691,676.65
-------------------------------------------------------  -----------------------------------------------------

Income for the collection period                         AUD $18,618,188.00
-------------------------------------------------------  -----------------------------------------------------

The Mortgage Principal Repayments for the Collection
Period                                                   AUD $81,000,708.00
-------------------------------------------------------  -----------------------------------------------------

Expenses of the trust for the period                     AUD $15,793,446.00
-------------------------------------------------------  -----------------------------------------------------

Aggregate of all redraws on the housing loans made
during the collection period                             AUD $17,952,714.00
-------------------------------------------------------  -----------------------------------------------------

Interest rates (US all in) applicable for period         A2 Notes:    2.65063%
ending 27th February 2005                                B1 Notes:    3.23063%
------------------------------------------------------- -----------------------------------------------------

The Scheduled and Unscheduled payments of principal      Scheduled         AUD  $1,490,881.00
during the Collection period                             Unscheduled       AUD $79,509,827.00
------------------------------------------------------- -----------------------------------------------------

Aggregate of outstanding balances of housing loans as
at last day of collection period                        AUD $934,680,919.00
------------------------------------------------------- -----------------------------------------------------

Delinquency and Loss statistics with respect to the      Loss:            Nil
housing loans as at the last day of the collection       Delinquency:     0-29    2.17%
period                                                                    30-59   0.82%
                                                                          60+     0.78%
-------------------------------------------------------  -----------------------------------------------------
</TABLE>