Commentary: December 2016 PPSR quarterly statistics

Read more about searches and registrations on the Personal Property Securities Register (PPSR) in the December quarter 2016.

Searches on the PPSR

Number of searches on the PPSR by quarter

There were 2,082,567 searches conducted on the PPSR in the December quarter 2016. This represents a year-on-year increase of almost 125,000 searches compared to the December quarter 2015, when there were 1,957,835 searches on the PPSR. The number of searches conducted on the PPSR in the December quarter 2016 fell 4.0% compared to the September quarter 2016.

Searches on the PPSR by type December quarter 2016

 

The most common type of search in the December quarter 2016 was by serial number. In the December quarter 2016, 53.5% of searches on the PPSR were by serial number. In percentage terms, the profile of searches by type remains very similar to that in September quarter 2016.

 

Registrations on the PPSR

New registrations on the PPSR

There were 512,127 non-transitional registrations created on the PPSR in the December quarter 2016. The number of non-transitional registrations created fell 3.2% in the December quarter 2016 compared to the December quarter 2015, when there were 528,834 non-transitional registrations created. The number of non-transitional registrations created in the December quarter 2016 fell 4.6% compared to the September quarter 2016.

New, non-transitional registrations on the PPSR

Current PPSR registrations by collateral class as at 31 December 2016

As at 31 December 2016, there were 9,261,724 current registrations on the PPSR.

Motor vehicles are the most common type of collateral class of registrations on the PPSR. As at 31 December 2016, 49.5% of current registrations on the PPSR had a motor vehicle collateral class. This proportion did not change from September quarter 2016, and is slightly down from 50.3% in the December quarter 2015.

Transactions on the PPSR to create, amend or discharge registrations

During the December quarter 2016 there were:

  • 525,337 registrations created: 512,127 of these were non-transitional registrations
  • 489,089 registrations amended
  • 357,822 registrations discharged or removed from the PPSR.

The 489,089 amendments to registrations in the December quarter 2016 represents an 80.3% increase from the 271,250 amendments to registrations in the September quarter 2016 (this indicator is subject to high variability).

Activity regarding PPSR registrations by quarter