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Paul Miller
Author of the PPSR Blog at http://ppsr-blog.blogspot.com.au/
Author of the PPSR Blog at http://ppsr-blog.blogspot.com.au/
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How to Renew a PPSR Registration
As seen in my last post , we're rapidly approaching the time where many suppliers will be needing to renew registrations they put in place shortly after the start of the PPSR in 2012. Renewal should be a straightforward process.  Individual PPSR Brokers wil...
How to Renew a PPSR Registration
How to Renew a PPSR Registration
ppsr-blog.blogspot.com
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Spike in PPSR Registrations due to Expire
Earlier this week, AFSA released their PPSR statistics for the 2018 June quarter. While there’s not much that’s particularly surprising in the statistics (which you can find here ) there is a new addition to the format, in that AFSA has now provided informa...
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PPSA Clauses in Terms & Conditions
Firstly, it needs to be said that you do not need specific PPSA clauses in your Terms & Conditions of trade in order to lodge a registration on the PPSR, only the presence of a security right.  For most trade credit suppliers, this security right will be a ...
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The PPSR doesn’t understand Retention of Title!
On 23/07/2018 AFSA, the operators of the PPSR, issued a news briefing regarding how the PPSR could assist a building developer in “using the PPSR to secure its retention of title in the material it supplies”. Given that it would be unusual for a building de...
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Paul Miller commented on a post on Blogger.
We've now had confirmation that the new fees will be implemented on 1st August 2018 following approval from the Attorney-General.
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Is a PPSR registration still necessary to defend against Preference claims?
In June 2016, I posted an article discussing, among other things, Justice Edelman’s ruling in Hussain v CSR Building products Limited concerning alleged preference payments made by FPJ Group Pty Ltd.  The Corporations Act allows liquidators to claim back pa...
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When should a PPSR registration be lodged?
In general terms, the answer is ‘as soon as possible’ and, in this context, that means, as soon as the supplier has a reasonable belief that they may be doing business with the grantor in question and that such business will involve the granting of a securi...
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Protecting Your Gear On Site
February saw the collapse of WA based builder Cooper & Oxley accompanied by scenes of subcontractors climbing over fences and evading security guards in order to attempt to recover tools and equipment that they had left on project sites.  You can find an ex...
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Proposed Fee Changes
On the 11 th April the Australian Financial Security Authority (AFSA), which operates the PPSR, issued a consultation document regarding changes to the PPSR’s fees intended to take effect from 1 st July 2018. With the PPSR having, effectively, earned back i...
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