Statistics for the Personal Property Securities Register (PPSR) March quarter 2024 released today by the Australian Financial Security Authority (AFSA) show an increase in both searches and registrations.
PPSR activity at a glance
PPSR searches
There were 3,089,388 searches conducted on the PPSR in the March quarter 2024. This was an increase of 2.6% compared to the March quarter 2023, when there were 3,011,397 searches on the PPSR.
Motor vehicle searches by serial number were the most common type in the March quarter 2024. They accounted for 55.1% of searches.
PPSR registrations
There were 521,602 registrations created on the PPSR in the March quarter 2024. This number rose by 9.2% compared to the March quarter 2023, when there were 477,500 registrations created.
In the March quarter 2024, there were 333,869 amendments to registrations on the PPSR. There were 399,112 registrations discharged or removed from the PPSR.
At 31 March 2024, there were 10,414,547 current registrations on the PPSR. Motor vehicle was the most common collateral class with 4,894,546 registrations. This was 47.0% of total current registrations.
Commercial property was the most common type of collateral. At 31 March 2024, 8,252,719 current registrations on the PPSR were of this collateral type. This was 79.2% of total current registrations.
More information about these statistics is available at Personal Property Securities Register statistics.
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.
