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On 17 November 2008, the Federal Attorney-General, Mr Robert McClelland, released a further draft of the Personal Property Securities Bill (Revised Bill) which has been referred to the Senate Standing Committee on Legal and Constitutional Affairs for comment.

Reform of Australian personal property securities is back on the agenda. We discuss the new proposals.

Affected businesses should amend transaction documents, understand the PPS, and develop systems to search and register.

The PPSA will still apply to smaller aircraft, but for large aircraft, it will be replaced by the Cape Town Convention.

The Federal Government’s Corporations and Markets Advisory Committee recently released a discussion paper suggesting potential reforms to the Corporations Act 2001 under which shareholders claiming that they have been misled by a company will no longer need to establish that they relied on misleading or deceptive information when purchasing shares.

Even if leasing is only a small part of your business, you must register to ensure that your leased goods are protected.

The mortgagee's advertising did not adequately refer to the water rights relating to the property and their tradability.

This article outlines some of the common issues Secured Parties are facing as they adapt to the new PPS regime.

This article is an update and a reminder of certain adjustments necesary in this new process of registering securities.

The decision reinforces the need for creditors to properly register their security interests to protect their collateral.

PPSR registration is the easiest way of protecting and 'perfecting' your personal property.

A featherweight security interest must be appropriately registered on the Personal Properties Security Register (PPSR).

Timely registration of security interests under the Personal Property Securities Act 2009 (Cth) (PPSA) is essential.

Australian banks are removing the shackles of the "reset and forget" forbearance in place of corporate refinancings.

Creditors in the shipping industry with a maritime claim can secure their claims relatively easily by arresting a ship.

Continuous disclosure continues to be front of mind for listed companies.