Ministerial Statement of Expectations and AFSA Statement of Intent

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These publications underpin our regulatory and enforcement responsibilities in relation to personal insolvency and the Personal Property Securities Register.

Ministerial Statement of Expectations and AFSA Statement of Intent

This statement sets out the intentions of the Chief Executive of the Australian Financial Security Authority (AFSA) about how they will meet the expectations outlined by the responsible Commonwealth Minister under the Bankruptcy Act 1966 (Bankruptcy Act) and the Personal Property Securities Act 2009 (PPS Act) in the Ministerial Statement of Expectations of 21 October 2021.

Please note: the Ministerial Statement of Expectations and AFSA’s Statement of Intent were originally published in October 2021 and are no longer current, following the change of government in May 2022.
The documents are being updated in line with revised ministerial expectations and will be published when available.