SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                            Report of Foreign Issuer
                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934


For the month of October, 2002

                Interstar Securitisation Management Pty Limited,
                    (in its capacity as trust manager for the
                   Interstar Millenium Series 2002-1G Trust)
             (Exact name of Registrant as specified in its Charter)

       Level 28, 367 Collins Street, Melbourne, Victoria, 3000, Australia
                   (Address of principal executive offices)


     Indicate  by check mark  whether the  registrant  files or will file annual
reports under cover Form 20-F or Form 40-F.

                       Form 20-F  [X]         Form 40-F


     Indicate by check mark whether the registrant by furnishing the information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                         Yes                 No   [X]


     If  "Yes"  is  marked,  indicate  below  the file  number  assigned  to the
registrant in connection with Rule 12g3-2(b): 82-_______________________.




OTHER EVENTS

     On September 27, 2002 Interstar Securities (Australia) Pty Ltd advised that
an entity  within  the  Zurich  Capital  Markets  Group (the ZCM Group) has been
granted an option to acquire all of the issued  capital of Interstar  Securities
Holdings  Pty Ltd,  a  privately  held  Australian  company.  The  option may be
exercised on or before June 30, 2005. Interstar Securities  (Australia) Pty Ltd.
is a wholly owned subsidiary of Interstar Securities Holdings Pty Ltd.




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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,  as Trust
Manager for the Interstar  Millennium  Series 2002-1G Trust, by the undersigned,
thereunto duly authorized.


                                        Interstar Securitisation  Management Pty
                                        Limited,   (in  its  capacity  as  trust
                                        manager  for  the  Interstar  Millennium
                                        Series 2002-1G Trust) (Registrant)



Dated: October 10, 2002

                                        By: /s/  Sam Kyriacou
                                           -------------------------------------
                                           Name:  Sam Kyriacou
                                           Title: Chief Executive Officer



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