AFSA reports steady growth in PPSR activity in March quarter 2026

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Personal Property Securities Register (PPSR) statistics for the March quarter 2026.

Recent data from the Australian Financial Security Authority (AFSA) shows continued strong use of the Personal Property Securities Register (PPSR), with search activity increasing in the March quarter 2026.

AFSA recorded more than 3.3 million searches on the PPSR during the quarter, a 7.0% increase compared to the same period in 2025.

Motor vehicle searches by serial number remained the most common search type, accounting for 57.9% of all searches, highlighting the PPSR’s role in helping consumers avoid buying vehicles with existing debt attached.

AFSA Chief Executive Tim Beresford said:

“Australians are increasingly using the PPSR to manage financial risk, while businesses continue to rely on it as an essential tool to secure their interests.

“The increase in search activity, alongside steady registration growth, shows the PPSR is a system that is widely used.”

There were 530,654 new registrations created on the PPSR in the March quarter 2026, suggesting continued stability in secured lending and commercial activity.

During the quarter:

  • 441,772 amendments were made to existing registrations
  • 447,849 registrations were discharged or removed.

The high level of amendments and discharges reflects the active and changing nature of the register, as agreements are updated, assets change hands, and obligations are met.

It also reflects AFSA’s ongoing engagement with the credit industry and focus on raising awareness of the importance of keeping registrations accurate and timely, including updating and removing them when they are no longer needed.

Snapshot of the PPSR:

On 31 March 2026, there were more than 10.6 million current registrations on the PPSR, demonstrating the critical role the PPSR plays across the Australian economy, in supporting lending and protecting both consumers and businesses

  • Motor vehicles were the most common collateral class, with more than 5.1 million registrations (48.2%)
  • Commercial property was the most common collateral type, with more than 8.4 million registrations (78.9%).