The Australians have introduced similar legislation to that in New Zealand - The Personal Property Securities Act 2009 or PPSA.
It will come in to effect at the "Registration Commencement Time" - 30 January 2012.
Whilst the new law is similar to NZ there are some extremely important differences. You cannot assume that your knowledge of the New Zealand regime will enable you to protect your position in Australia without taking expert advice.
EDX opened its first Australian offices in 2010 in preparation for this, and we are now represented in Victoria, New South Wales, Queensland and Western Australia.
We offer a full suite of PPS Consutlancy and Registration services. To learn more about us and to locate the consutlant closest to your business