Interest Rate Swap Confirmation Agreement between Commonwealth Bank of Australia, Perpetual Trustee Company Limited (as trustee of Medallion Trust Series 2006-1G), and Securitisation Advisory Services Pty. Limited

  CONFIRMATION FOR MONTHLY BASIS SWAP - MEDALLION TRUST SERIES 2006-1G Date: March 9, 2006 TO: Perpetual Trustee Company Limited Securitisation Advisory Services Pty. Limited ABN 42 000 001 007 ABN 88 064 133 946 as trustee of the Series Trust Level 7 Level 12 48 Martin Place 123 Pitt Street SYDNEY NSW 2000 SYDNEY NSW 2000 Attention: Manager, Securitisation Attention: Manager, Securitisation SWAP CONFIRMATION - MONTHLY BASIS SWAP The purpose of this letter is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the "TRANSACTION"). This letter constitutes a "CONFIRMATION" as referred to in the Master Agreement specified below. This Confirmation supplements, forms part of, and is subject to, the 1992 ISDA Master Agreement dated as of 3 March 2006, as amended, novated or supplemented from time to time (the "AGREEMENT"), between Commonwealth Bank of Australia, ABN 48 123 123 124 ("PARTY A"), Perpetual Trustee Company Limited as trustee of the Series Trust ("PARTY B") and Securitisation Advisory Services Pty. Limited (the "MANAGER"). All provisions contained in the Agreement govern this Confirmation except as expressly modified below. The terms of the particular Transaction to which this Confirmation relates are as follows: OUR REFERENCE: 73850 TRADE DATE: March 9, 2006 EFFECTIVE DATE: March 14, 2006 TERMINATION DATE: Means the earlier of: (a) the Step-Up Date but only if : (i) the Issue Margins (as defined in the Offered Note Conditions in respect of the Offered Notes) in respect of the Offered Notes and Class A-2 Notes increase as and from the Step-Up Date; and (ii) the weighted average Mortgage Rate applicable to the Mortgage Loans forming part of the Assets of the Series Trust which are charged interest at a variable rate is equal to or greater than the then Threshold Rate. (b) the date that all the Securities have been redeemed in full; and (c) the Termination Date for the Series Trust,  subject to the Following Business Day Convention NOTIONAL AMOUNT: With respect to each monthly Calculation Period means the Monthly Basis Swap Amount for that monthly Calculation Period FLOATING ADMINISTERED RATE AMOUNTS: Floating Administered Rate Party B Payer: Floating Administered Rate Payer Each Monthly Distribution Date Payment Dates: Floating Rate Option: Monthly Basis Swap Administered Rate in relation to the relevant Monthly Distribution Date Floating Rate Day Count Actual/365 (Fixed) Fraction: FLOATING BBSW WEIGHTED RATE AMOUNTS: Floating BBSW Rate Payer: Party A Floating BBSW Rate Payer Each Monthly Distribution Date Payment Dates: Floating Rate Option: Bank Bill Rate for the Accrual Period corresponding to the monthly Calculation Period Spread: Monthly Weighted Margin in respect of the relevant Monthly Distribution Date plus 0.70% per annum Floating Rate Day Count Actual/365 (Fixed) Fraction: BUSINESS DAY: Sydney BUSINESS DAY CONVENTION: Following CALCULATION AGENT: The Manager OTHER PROVISIONS: For the purposes of the Agreement, the Transaction to which this Confirmation relates is a Basis Swap Please confirm that the above correctly sets out the terms of our agreement in respect of the Transaction to which this Confirmation relates by signing and returning this Confirmation to us by facsimile today. Executed documents will follow by mail.  Yours sincerely SIGNED for and on behalf of PERPETUAL SIGNED for and on behalf of TRUSTEE COMPANY LIMITED, ABN 42 000 COMMONWEALTH BANK OF AUSTRALIA, 001 007, as trustee of the Medallion Trust Series ABN 48 123 123 124 2006-1G By: _______________________________ By: _______________________________ (Authorised Officer) (Authorised Officer) Name: _______________________________ Name: _______________________________ Title: _______________________________ Title: _______________________________ SIGNED for and on behalf of SECURITISATION ADVISORY SERVICES PTY. LIMITED, ABN 88 064 133 946 By: _______________________________ (Authorised Officer) Name: _______________________________ Title: _______________________________  CONFIRMATION FOR QUARTERLY BASIS SWAP - MEDALLION TRUST SERIES 2006-1G Date: March 9, 2006 TO: Perpetual Trustee Company Limited Securitisation Advisory Services Pty. Limited ABN 42 000 001 007 ABN 88 064 133 946 as trustee of the Series Trust Level 7 Level 12 48 Martin Place 123 Pitt Street SYDNEY NSW 2000 SYDNEY NSW 2000 Attention: Manager, Securitisation Attention: Manager, Securitisation SWAP CONFIRMATION - QUARTERLY BASIS SWAP The purpose of this letter is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the "TRANSACTION"). This letter constitutes a "CONFIRMATION" as referred to in the Master Agreement specified below. This Confirmation supplements, forms part of, and is subject to, the 1992 ISDA Master Agreement dated as of 3 March 2006, as amended, novated or supplemented from time to time (the "AGREEMENT"), between Commonwealth Bank of Australia, ABN 48 123 123 124 ("PARTY A"), Perpetual Trustee Company Limited as trustee of the Series Trust ("PARTY B") and Securitisation Advisory Services Pty. Limited (the "MANAGER"). All provisions contained in the Agreement govern this Confirmation except as expressly modified below. The terms of the particular Transaction to which this Confirmation relates are as follows: OUR REFERENCE: 73822 TRADE DATE: March 9, 2006 EFFECTIVE DATE: March 14, 2006 TERMINATION DATE: Means the earlier of: (a) the Step-Up Date but only if : (i) the Issue Margins (as defined in the Offered Note Conditions in respect of the Offered Notes) in respect of the Offered Notes and Class A-2 Notes increase as and from the Step-Up Date; and (ii) the weighted average Mortgage Rate applicable to the Mortgage Loans forming part of the Assets of the Series Trust which are charged interest at a variable rate is equal to or greater than the then Threshold Rate. (b) the date that all the Securities have been redeemed in full; and (c) the Termination Date for the Series Trust,  subject to the Following Business Day Convention NOTIONAL AMOUNT: With respect to each quarterly Calculation Period means the Quarterly Basis Swap Amount for that quarterly Calculation Period FLOATING ADMINISTERED RATE AMOUNTS: Floating Administered Rate Payer: Party B Floating Administered Rate Payer Each Quarterly Distribution Date Payment Dates: Floating Rate Option: Quarterly Basis Swap Administered Rate in relation to the relevant Quarterly Distribution Date Floating Rate Day Count Actual/365 (Fixed) Fraction: FLOATING BBSW WEIGHTED RATE AMOUNTS: Floating BBSW Rate Payer: Party A Floating BBSW Rate Payer Each Quarterly Distribution Date Payment Dates: Floating Rate Option: Bank Bill Rate for the Accrual Period corresponding to the quarterly Calculation Period Spread: Quarterly Weighted Margin in respect of the relevant Quarterly Distribution Date plus 0.70% per annum Floating Rate Day Count Actual/365 (Fixed) Fraction: BUSINESS DAY: Sydney BUSINESS DAY CONVENTION: Following CALCULATION AGENT: The Manager OTHER PROVISIONS: For the purposes of the Agreement, the Transaction to which this Confirmation relates is a Basis Swap Please confirm that the above correctly sets out the terms of our agreement in respect of the Transaction to which this Confirmation relates by signing and returning this Confirmation to us by facsimile today. Executed documents will follow by mail. Yours sincerely SIGNED for and on behalf of PERPETUAL SIGNED for and on behalf of TRUSTEE COMPANY LIMITED, ABN 42 000 COMMONWEALTH BANK OF AUSTRALIA, 001 007, as trustee of the Medallion Trust Series ABN 48 123 123 124 2006-1G By: _______________________________ By: _______________________________ (Authorised Officer) (Authorised Officer) Name: _______________________________ Name: _______________________________ Title: _______________________________ Title: _______________________________ SIGNED for and on behalf of SECURITISATION ADVISORY SERVICES PTY. LIMITED, ABN 88 064 133 946 By: _______________________________ (Authorised Officer) Name: _______________________________ Title: _______________________________  CONFIRMATION FOR MONTHLY FIXED RATE SWAP - MEDALLION TRUST SERIES 2006-1G Date: March 9, 2006 TO: Perpetual Trustee Company Limited Securitisation Advisory Services Pty. Limited ABN 42 000 001 007 ABN 88 064 133 946 as trustee of the Series Trust Level 7 Level 12 48 Martin Place 123 Pitt Street SYDNEY NSW 2000 SYDNEY NSW 2000 Attention: Manager, Securitisation Attention: Manager, Securitisation SWAP CONFIRMATION - MONTHLY FIXED RATE SWAP The purpose of this letter is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the "TRANSACTION"). This letter constitutes a "CONFIRMATION" as referred to in the Master Agreement specified below. This Confirmation supplements, forms part of, and is subject to, the 1992 ISDA Master Agreement dated as of 3 March 2006, as amended, novated or and supplemented from time to time (the "AGREEMENT"), between Commonwealth Bank of Australia, ABN 48 123 123 124 ("PARTY A"), Perpetual Trustee Company Limited as trustee of the Series Trust ("PARTY B") and Securitisation Advisory Services Pty. Limited (the "MANAGER"). All provisions contained in the Agreement govern this Confirmation except as expressly modified below. The terms of the particular Transaction to which this Confirmation relates are as follows: OUR REFERENCE: 73857 TRADE DATE: March 9, 2006 EFFECTIVE DATE: March 14, 2006 TERMINATION DATE: Means the earlier of: (a) the date that all the Securities have been redeemed in full; and (b) the Termination Date for the Series Trust, subject to the Following Business Day Convention NOTIONAL AMOUNT: With respect to each monthly Calculation Period means the Monthly Fixed Rate Swap Amount for that monthly Calculation Period FIXED AMOUNTS: Fixed Rate Payer: Party B Fixed Rate Payer Payment Each Monthly Distribution Date Dates: Fixed Rate The Monthly Fixed Swap Administered Rate in relation to the relevant Monthly Distribution Date  Fixed Rate Day Count Actual/365 (Fixed) Fraction: FLOATING AMOUNTS: Floating Rate Payer: Party A Floating Rate Payer Each Monthly Distribution Date Payment Dates: Floating Rate Option: Bank Bill Rate for the Accrual Period corresponding to the monthly Calculation Period Spread: Monthly Weighted Margin in respect of the relevant Monthly Distribution Date plus 0.70% per annum Floating Rate Day Count Actual/365 (Fixed) Fraction: BUSINESS DAY: Sydney BUSINESS DAY CONVENTION: Following CALCULATION AGENT: The Manager OTHER PROVISIONS: For the purposes of the Agreement, the Transaction to which this Confirmation relates is a Fixed Rate Swap Please confirm that the above correctly sets out the terms of our agreement in respect of the Transaction to which this Confirmation relates by signing and returning this Confirmation to us by facsimile today. Executed documents will follow by mail. Yours sincerely SIGNED for and on behalf of PERPETUAL SIGNED for and on behalf of TRUSTEE COMPANY LIMITED, ABN 42 000 COMMONWEALTH BANK OF AUSTRALIA, 001 007, as trustee of the Medallion Trust Series ABN 48 123 123 124 2006-1G By: _______________________________ By: _______________________________ (Authorised Officer) (Authorised Officer) Name: _______________________________ Name: _______________________________ Title: _______________________________ Title: _______________________________  SIGNED for and on behalf of SECURITISATION ADVISORY SERVICES PTY. LIMITED, ABN 88 064 133 946 By: _______________________________ (Authorised Officer) Name: _______________________________ Title: _______________________________  CONFIRMATION FOR QUARTERLY FIXED RATE SWAP - MEDALLION TRUST SERIES 2006-1G Date: March 9, 2006 TO: Perpetual Trustee Company Limited Securitisation Advisory Services Pty. Limited ABN 42 000 001 007 ABN 88 064 133 946 as trustee of the Series Trust Level 7 Level 12 48 Martin Place 123 Pitt Street SYDNEY NSW 2000 SYDNEY NSW 2000 Attention: Manager, Securitisation Attention: Manager, Securitisation SWAP CONFIRMATION - QUARTERLY FIXED RATE SWAP The purpose of this letter is to confirm the terms and conditions of the Transaction entered into between us on the Trade Date specified below (the "TRANSACTION"). This letter constitutes a "CONFIRMATION" as referred to in the Master Agreement specified below. This Confirmation supplements, forms part of, and is subject to, the 1992 ISDA Master Agreement dated as of 3 March 2006, as amended, novated or and supplemented from time to time (the "AGREEMENT"), between Commonwealth Bank of Australia, ABN 48 123 123 124 ("PARTY A"), Perpetual Trustee Company Limited as trustee of the Series Trust ("PARTY B") and Securitisation Advisory Services Pty. Limited (the "MANAGER"). All provisions contained in the Agreement govern this Confirmation except as expressly modified below. The terms of the particular Transaction to which this Confirmation relates are as follows: OUR REFERENCE: 73854 TRADE DATE: March 9, 2006 EFFECTIVE DATE: March 14, 2006 TERMINATION DATE: Means the earlier of: (a) the date that all the Securities have been redeemed in full; and (b) the Termination Date for the Series Trust, subject to the Following Business Day Convention NOTIONAL AMOUNT: With respect to each quarterly Calculation Period means the Quarterly Fixed Rate Swap Amount for that quarterly Calculation Period FIXED AMOUNTS: Fixed Rate Payer: Party B Fixed Rate Payer Payment Each Quarterly Distribution Date Dates: Fixed Rate: The Quarterly Fixed Swap Administered Rate in relation to the relevant Quarterly Distribution Date  Fixed Rate Day Count Actual/365 (Fixed) Fraction: FLOATING AMOUNTS: Floating Rate Payer: Party A Floating Rate Payer Payment Each Quarterly Distribution Date Dates: Floating Rate Option: Bank Bill Rate for the Accrual Period corresponding to the quarterly Calculation Period Spread: Quarterly Weighted Margin in respect of the relevant Quarterly Distribution Date plus 0.70% per annum Floating Rate Day Count Actual/365 (Fixed) Fraction: BUSINESS DAY: Sydney BUSINESS DAY CONVENTION: Following CALCULATION AGENT: The Manager OTHER PROVISIONS: For the purposes of the Agreement, the Transaction to which this Confirmation relates is a Fixed Rate Swap Please confirm that the above correctly sets out the terms of our agreement in respect of the Transaction to which this Confirmation relates by signing and returning this Confirmation to us by facsimile today. Executed documents will follow by mail. Yours sincerely SIGNED for and on behalf of PERPETUAL SIGNED for and on behalf of TRUSTEE COMPANY LIMITED, ABN 42 000 COMMONWEALTH BANK OF AUSTRALIA, 001 007, as trustee of the Medallion Trust Series ABN 48 123 123 124 2006-1G By: _______________________________ By: _______________________________ (Authorised Officer) (Authorised Officer) Name: _______________________________ Name: _______________________________ Title: _______________________________ Title: _______________________________  SIGNED for and on behalf of SECURITISATION ADVISORY SERVICES PTY. LIMITED, ABN 88 064 133 946 By: _______________________________ (Authorised Officer) Name: _______________________________ Title: _______________________________