The Personal Property Securities Act 2009 (Cth) (the ‘PPSA’ or the Act), introduced a national system to deal with security interests given to businesses and individuals over personal property. The Act created the Personal Property Securities Register (PPSR or the Register). Individuals can use the PPSR to ‘perfect’ registration of security interests in personal property. This article will look at what the PPSR is, where you can find it, and how you can use it.

1. What is the Personal Property Securities Register?

The PPSR acts as a notice board. Notably, the PPSR is not a title or document register but rather, provides notice to a secured party as to whether there is or isn’t a security interest against the property. You can use the Register to either:

  • Register your interests or rights over another’s personal property to secure a debt or other obligation that other person owes to you; or
  • Search the Register to see someone has already registered an interest over some personal property that you intend to buy or lease.

The Australian Financial Services Authority is responsible for administering the PPSR.

2. Where Can I Find the Personal Property Securities Register?

The PPSR is online, meaning you can access it 24 hours a day, seven days a week.

3. What Can I Register or Search For on the PPSR?

You can register rights or security interests in personal property. Personal Property includes all property (whether tangible or intangible) other than land and may include:

  • Cars;
  • Plants;
  • Aircraft;
  • Intellectual property;
  • Book debts; and
  • Paintings.

Registration strengthens your protection over that personal property – important if there are two competing interests in the property. For example, this might be when multiple lenders have an interest in the security given for a loan.

A registered security interest will take priority over an unregistered one. Furthermore, a security interest registered before another security interest will prevail over the latter.

Conversely, you would search the Register to ensure you are receiving clean title to the personal property. For example, a company may search the PPSR to make sure that there are no prior registered security interests over an asset given as security for a personal loan. Searches on the Register need to be for bona fide purposes. It is an offence under the Act to search the register without having a real interest.

4. Do I Need an Account to Search or Register Interests on the Register?

To register a security interest on the PPSR, you will need to have an account. The costs of making or managing your registration are nominal. You do not need an account to search the register and can do as a casual user.

5. What is a “Secured Party Group” and Do I Need One?

A Secured Party Group (SPG), is a system developed under the PPSR to assist secured parties in managing their registrations. A secured party is an individual or business who has a security interest in personal property. To create an SPG, you need to have a security interest and a user account. Once you have established an SPG, you cannot change the parties within that group.

Key Takeaways

It is in the interests of any lender or lessor to register their personal property security interests where possible. This registration will ensure they have priority over the personal property in the event there are competing interests. Similarly, lenders and lessors can ensure that the personal property has a clean title by searching the register. If you need assistance registering your personal property or drafting agreements to create or grant security interests to third parties, get in touch with our PPSA lawyers on 1300 544 755.

COVID-19 Business Survey
LegalVision is conducting a survey on the impact of COVID-19 for businesses across Australia. The survey takes 2 minutes to complete and all responses are anonymous. We would appreciate your input. Take the survey now.

About LegalVision: LegalVision is a tech-driven, full-service commercial law firm that uses technology to deliver a faster, better quality and more cost-effective client experience.

The majority of our clients are LVConnect members. By becoming a member, you can stay ahead of legal issues while staying on top of costs. For just $199 per month, membership unlocks unlimited lawyer consultations, faster turnaround times, free legal templates and members-only discounts.

Learn more about LVConnect

Need Legal Help? Get a Free Fixed-Fee Quote

If you would like to receive a free fixed-fee quote or get in touch with our team, fill out the form below.

  • By submitting this form, you agree to receive emails from LegalVision and can unsubscribe at any time. See our full Privacy Policy.
  • This field is for validation purposes and should be left unchanged.
Our Awards
  • 2019 Top 25 Startups - LinkedIn 2019 Top 25 Startups - LinkedIn
  • 2019 NewLaw Firm of the Year - Australian Law Awards 2019 NewLaw Firm of the Year - Australian Law Awards
  • 2020 Fastest Growing Law Firm - Financial Times APAC 500 2020 Fastest Growing Law Firm - Financial Times APAC 500
  • 2020 AFR Fast 100 List - Australian Financial Review 2020 AFR Fast 100 List - Australian Financial Review
  • 2020 Law Firm of the Year Finalist - Australasian Law Awards 2020 Law Firm of the Year Finalist - Australasian Law Awards
  • Most Innovative Law Firm - 2019 Australasian Lawyer 2019 Most Innovative Firm - Australasian Lawyer
Privacy Policy Snapshot

We collect and store information about you. Let us explain why we do this.

What information do you collect?

We collect a range of data about you, including your contact details, legal issues and data on how you use our website.

How do you collect information?

We collect information over the phone, by email and through our website.

What do you do with this information?

We store and use your information to deliver you better legal services. This mostly involves communicating with you, marketing to you and occasionally sharing your information with our partners.

How do I contact you?

You can always see what data you’ve stored with us.

Questions, comments or complaints? Reach out on 1300 544 755 or email us at

View Privacy Policy