New reform agenda for personal property securities

07/03/2008

Commonwealth Attorney-General Robert McClelland has told an audience at the Institute for Factors and Discounters that the Rudd government will be "injecting renewed vigour" into the�reform agenda for personal property securities. �

"The new PPS regime will provide greater certainty and predictability. This certainty for credit providers will enable them to improve the quality and cost-effectiveness of their services. It also will make it easier to assess the risks associated with particular transactions and may result in more accurate pricing of risk in creditor transactions" said Mr McClelland. Read the attorney's speech>

7 March 2008