About Us

IF IT INVOLVES THE PPSA, INVOLVE US.

With our combined backgrounds in insolvency and the PPSA we’re in the perfect position to help you protect your property from the insolvency of your customers.

PPSAdvisory, helping protect you and your property from the insolvency of your customer.

Meet the Team

Simon Read

Simon Read

0408 542 100
Simon.read@ppsadvisory.com.au

As a Chartered Accountant with over 30 years experience in insolvency and now more than 8 years specialising in the PPSA, I’m in the perfect position to help protect your property from the insolvency of your customer.

I love the PPSA, I love what I do and the mental stimulation of doing it. I love helping people get to grips with this often-confusing piece of legislation.

I’ve hands-on experience in many industries including retail, manufacturing, equipment sales and hires, construction, mining, forestry and agriculture.

I’m a Graduate member of the Australian Institute of Company Directors, acting on several boards (including large Government agencies) and chairing Risk and Audit Committees.

Lisa Keen

Lisa Keen

0411 262 275
Lisa.keen@ppsadvisory.com.au

Also a Chartered Accountant I’ve worked in the insolvency profession for 5 years. Not really a very long time, but long enough for me to realise it was far too depressing for me.

Whilst I’m not the expert Simon is, I do enjoy (not quite love) the PPSA. I enjoy helping businesses come to terms with the law, arming them with the knowledge to protect their business and property.

2010

Simon founded EDX(WA) as part of the National Group, EDX Australia, Australia’s only PPS exclusive advisory firm. We serviced the ‘wild west’ of the country – WA, SA and the NT.

2012

The PPS went ‘live’ with the PPS Register commencing in January 2012.

2016

We open the Philippine office to provide much needed support for our busy local team.

2018

We made the decision to leave the EDX network and rebrand our business as PPSAdvisory. Same great service, same team, same commitment to our clients, just a different name. And now we are able to offer independent advice and services to all clients across Australia.

We’re very excited about the opportunities before us as PPSAdvisory continues on its journey.

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Be prepared for an uncertain economy

We’ve seen it many times before – when the economy nosedives, many businesses follow. Protect your business from the insolvency of others.

Long-term security

Trying to recover your debt and/or equipment after your client becomes insolvent is too late. Tighten your security to protect future payments and/or hired equipment.

Complicated paperwork done for you

Don't stumble at the final hurdle. We handle all the crucial paperwork to ensure you are correctly registered and your assets protected.

PPSAdvisory advises against several proposed revisions to the PPSA legislation due to potential increased costs, complexity, and uncertainty for businesses.

 

On Friday 17 November 2023, PPSAdvisory submitted a detailed response to the proposed amendments in the Personal Property Securities (PPS) framework. They challenge a number of the 345 proposed amendments made in the government’s response to the 2014 Whittaker report.

 

After almost 12 years of implementing the register, PPSAdvisory is concerned that these revisions will burden businesses with additional costs, complexity, and uncertainty instead of providing tangible benefits.

 

Users of the PPSA have adjusted their policies and registration practices to comply with the current legislation. Implementing such significant changes as proposed would require a complete overhaul of policies and practices. Additionally, these proposed amendments would render the policies and practices of many Australian businesses and financiers, particularly those involved in equipment hire, unworkable.

 

As result, the availability of finance for mining, construction, and heavy earthmoving equipment would be directly impacted. If financiers are unable to register their security interest in specific items of equipment (as only equipment with a Vehicle Identification Number can be registered by serial number), obtaining finance for such equipment will

become even more challenging.

 

We now await the response from Government to the submissions which have been made.

 

Feel free to reach out to us via the ‘contact us’ page on the website if you’d like any further information.