Commentary: March quarter 2018 PPSR quarterly statistics

Read more about searches and registrations on the Personal Property Securities Register (PPSR) in the March quarter 2018.

Searches on the PPSR

Number of searches on the PPSR by quarter

There were 2,186,519 searches conducted on the PPSR in the March quarter 2018. This represents a year-on-year increase of 72,277 searches (or 3.4%) compared to the March quarter 2017, when there were 2,114,242 searches on the PPSR.

The number of searches conducted on the PPSR in the March quarter 2018 rose 0.2% compared to the December quarter 2017.

Searches on the PPSR by type March quarter 2018

The most common type of search in the March quarter 2018 was by serial number. In the March quarter 2018, 54.3% of searches on the PPSR were by serial number. In percentage terms, the profile of searches by type remains very similar to that in the December quarter 2017.

Registrations on the PPSR

New registrations on the PPSR

There were 479,617 registrations created on the PPSR in the March quarter 2018. The number of registrations created in the March quarter 2018 fell by 4.9% compared to the March quarter 2017, when there were 504,105 registrations created. The number of registrations created in the March quarter 2018 fell by 7.9% compared to the December quarter 2017.

New registrations on the PPSR

Current PPSR registrations by collateral class at 31 March 2018

At 31 March 2018, there were 9,823,932 current registrations on the PPSR.

Motor vehicle is the most common type of collateral class of registrations on the PPSR. At 31 March 2018, there were 4,797,473 current registrations on the PPSR with a motor vehicle collateral class. This was 48.8% of total current registrations. This proportion is down in year-on-year terms from 49.3% at 31 March 2017.

There were 2,765,112 registrations with collateral class of other goods. This was 28.1% of current registrations at 31 March 2018. This proportion increased in year-on-year terms from 26.6% at 31 March 2017.

Current PPSR registrations by collateral class at 31 March 2018

Transactions on the PPSR to create, amend or discharge registrations

During the March quarter 2018 there were:

  • 479,617 registrations created
  • 191,448 registrations amended
  • 350,896 registrations discharged or removed from the PPSR.

Transactions to amend registrations fell by 62,361 or 24.6% in the March quarter 2018 compared to the March quarter 2017. Quarterly totals of this type of transaction are prone to volatility. This fall was mainly due to a fall in the number of registrations amended due to a change in the address for service.

Activity regarding PPSR registrations by quarter