Do you know what’s on your Personal Property Securities Register?
The PPSR is a Government register that a lot of people don’t know about but it can impact their borrowing.
About the PPSR
The Personal Property Securities Register, most commonly known as the PPSR, is an official government register. It is a public noticeboard of security interests in personal property that is managed by the Registrar of Personal Property Securities.
Do you know what’s listed on the PPSR against you and/or your business? You might be surprised and what is registered can impact on your ability to borrow.
People can search the PPSR to see if someone has registered a security interest over personal property (which they may want to do before buying property or lending money to someone).
PPSR Fact Sheet
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Sofie Korac is an Authorised Representative (No. 400164) of Prudentia Financial Planning Pty Ltd, AFSL 544118 and a member of the Association of Financial Advisers.
Financial Advice Sydney and the North Shore Office based in Lindfield NSW