Personal Property Securities Register (PPSR) statistics for the March quarter 2023
PPSR activity at a glance
PPSR searches
There were 3,011,397 searches conducted on the PPSR in the March quarter 2023. This was an increase of 4.6% compared to the March quarter 2022, when there were 2,878,394 searches on the PPSR.
Motor vehicle searches by serial number were the most common type in the March quarter 2023. They accounted for 51.4% of searches.
PPSR registrations
There were 477,500 registrations created on the PPSR in the March quarter 2023. This number rose by 4.4% compared to the March quarter 2022, when there were 457,418 registrations created.
In the March quarter 2023, there were 349,342 amendments to registrations on the PPSR. There were 387,693 registrations discharged or removed from the PPSR.
At 31 March 2023, there were 10,178,310 current registrations on the PPSR. Motor vehicle was the most common collateral class with 4,711,220 registrations. This was 46.3% of total current registrations.
Commercial property was the most common type of collateral. At 31 March 2023, 8,043,850 current registrations on the PPSR were of this collateral type. This was 79.0% of total current registrations.
If you have any questions about this media release, or AFSA statistics, please contact the AFSA media team. Please note that AFSA does not provide commentary on the statistics themselves.
