The Personal Property Securities Register (PPSR)

It’s never a pleasant thing when a business goes into liquidation. Emotions run high, jobs are lost and there is usually a mad scramble by creditors to try and claw back as much of what they are owed as possible.

That is why it is so important to have any security interests that you may have in a business – be it stock, equipment, or even cash, registered on the PPSR. By doing so, it enables liquidators to identify and quantify your interest in said business, and you will most likely receive priority over other unregistered creditors when it comes to getting paid back what you are owed. In other words, registering your security interests on the PPSR could mean the difference between getting back at least something, in the event that a business does go into liquidation, or nothing at all.

Conversely, you can also use the PPSR to check who has registered security interests over assets held by your suppliers, customers and even your own business. This can enable you to potentially make better informed business decisions in the future.

In summary, please be aware that the PPSR is available for everyone to use, regardless of whether you are a creditor, purchaser, or simply curious.

For more information on how and when to register, as well as on how to perform a search, please visit the PPSR website at, or read through the business guide here.

Please do not hesitate to contact your usual hmh Advisor on +61 3 9840 2200 should you have any questions at all