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CreditorWatch Blog: Page 3

Stay ahead of costly phoenix activity

Stay ahead of costly phoenix activity

Prevent being affected by phoenix activity The federal government has recently introduced a “new” hotline for anyone to report businesses that they believe are undertaking phoenix activity. This comes as a 2018 report from PricewaterhouseCoopers, funded by the government, revealed that the estimated annual cost of phoenix activity was now $5.13 billion dollars. In 2012, […]

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PPSR Series Part 2: Decoding PPSA Terminology

PPSR Series Part 2: Decoding PPSA Terminology

Decipher the terminology of the Personal Properties Security Act The Personal Property Securities Act (PPSA) can be very confusing for lawyers and even more so for the average person. The PPSA is designed to allow personal property (not real estate, but goods, chattels and certain rights) to be used as security for a financial transaction. […]

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PPSR Series Part 1: The Lowdown on PPSR

PPSR Series Part 1: The Lowdown on PPSR

What is PPSR? CreditorWatch has recently launched its latest product – the ability to create and manage PPSR registrations. Did you know that PPSR is a vital component of doing business in Australia? The PPSR (Personal Property Securities Register) came into existence in 2012 as a result of the PPSA (Personal Property Securities Act 2009). […]

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CreditorWatch Roundtable Recap

CreditorWatch Roundtable Recap

CreditorWatch recently held it’s 5th annual roundtables in Melbourne and Sydney. The roundtables are not in place to sell CreditorWatch, but rather to provide an opportunity for guests to connect, learn and have valuable discussions with industry colleagues and government representatives. The events began with an introduction from Colin Porter, Founder of CreditorWatch. Colin provided the […]

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Personal Property Security: It’s In The Ts & Cs

Personal Property Security: It’s In The Ts & Cs

The Personal Property Securities Act 2009 (PPSA) was quite the landmark move for Australian business, providing a single national law that replaced separate Commonwealth, State and Territory laws, leading to the establishment of the Personal Properties Securities Register (PPSR). Australian businesses suddenly had one place they could register personal property as a way to secure […]

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