Finance equipment with security

Finance equipment with security Equipment finance turns on one thing: whether the interest in the equipment was registered. The equipment is what the business runs on, and somebody else paid for it. That arrangement works perfectly until an insolvency or a dispute makes someone ask who actually owns it. The answer comes off the Personal […]

What every farmer needs to know about the PPSR – protecting your stock and equipment

If you’re a farmer who buys, sells, or borrows against livestock, machinery, or crops, you need to know about the Personal Property Securities Register (PPSR). Whether you’re selling livestock on account, leasing equipment, or buying second-hand machinery, the PPSR is a crucial tool to protect your rights — and to avoid nasty surprises down the track. 

Leasing to a related entity – avoid the PPSR sting

If you hold equipment in one entity, and carry on your business in another, you may be thinking this is a great asset protection strategy. It is, but it is missing one critical part – registration of the arrangement on the PPSR.

Happy Birthday to the PPSA!

The Personal Property Securities Act (the PPSA) celebrated its 1st birthday on 30 January 2013. However, the way the PPSA applies to internal business structures is frequently overlooked.