Australian Financial Security Authority (AFSA)

Overview

The Australian Financial Security Authority (AFSA) is an executive agency within the Australian Government's Treasury portfolio, established in 1999. The agency is responsible for administering bankruptcy laws and managing the Personal Property Securities Register (PPSR) in Australia. Its work maintains public confidence in the personal insolvency and personal property securities systems, ultimately supporting better financial outcomes for consumers, businesses, and the broader community.

Core functions of the agency include overseeing the bankruptcy process, regulating trustees, and acting as the Official Trustee in Bankruptcy. AFSA manages the PPSR, a national online register that protects consumers and businesses by allowing them to check security interests in personal property. The agency serves a diverse client base, including individuals facing insolvency, businesses, bankruptcy trustees, and other government entities, with a commitment to delivering excellent service and equitable financial outcomes.

Basic Information

Contact Details

• Phone: +61 1300 364 785
• Website: afsa.gov.au
• LinkedIn: linkedin.com/company/insolvency-&-trustee-service-australia

Key Focus Areas & Initiatives

• Bankruptcy laws administration
• Personal Property Securities Register (PPSR) management
• Bankruptcy process oversight
• Regulation of bankruptcy trustees
• Official Trustee in Bankruptcy role
• Consumer and business protection
• Confidence in financial systems
• Asset management oversight
• Debt management and resolution mechanisms
• Regulatory compliance & law enforcement collaboration
• Public insolvency register and data management
• Financial transparency initiatives
• Legal services and creditor rights protection
• Community support and financial counselling
• Online services for insolvency processes

Technologies Used

• Akamai
• Microsoft Office 365