Recent News:

Personal Property Securities Act (Cth)

The Personal Property Security Act Register of Interests is now operating.  This national register enables registration of personal security interests.  Compliance with this Act is a necessary step for security holders not wishing to be defeated by others having competing interests in personal property.  Personal property generally includes most property other than real estate and its fixtures and fittings.  The PPSR also allows creditors to register retention of title (ROT) interests.   Information on the rollout of the new legislation and the national register is available at the PPSR Government website http://www.ppsr.gov.au/Pages/ppsr.aspx