PPSR Facts n Figures

The PPSR’s Registrar, David Bergman provided the following statistics for the PPSR’s first 9 months of operation:

Security Interests currently registered on the PPSR = 7.5 million

Migrated or pre-loaded security interests = 6.3 million

Registrations lodged since 30^th January 2012 = 1.2 million

As far as Collateral Class is concerned, the vast majority of registrations are in respect of Motor Vehicles accounting for a massive 4.1 million registrations.  Next up are AllPAP (All Present and After Acquired Property) registrations at 2.3 million with ROT and Leasing registrations combining in third place at 864,000.

2.3 million searches have been undertaken so far on the PPSR – just over 60% searching for specific serial numbered goods, a little under 10% searching by registration number and the remaining third searching by grantor name.

Interestingly, in the July to September quarter, there were nearly twice as many amendments and discharges undertaken on the PPSR than new registrations!

New Registrations            579,424

Amendments                    730,885

Discharges                       358,489

Statistics for the July to September 2012 quarter can be found at http://www.ppsr.gov.au/NewsRoom/News/Pages/StatisticsJulytoSeptember2012.aspx

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