The short answer
For an Australian hire company, the booking calendar is the easy part. The hard parts are legal and physical: hires that run past two years, or open ended hires that reach two years, become PPS leases that must be registered on the PPSR or the hire company can lose the asset in a customer's insolvency; hired plant must be safe, maintained and supplied with information; and operators of forklifts, cranes and larger boom lifts need the right high risk work licence. Platforms such as Current RMS, Point of Rental, InspHire and RentalMan run bookings and fleets, and custom builds fill PPSR, telematics and yard gaps at an indicative $10,000 to $70,000 (AUD, ex GST) each, as planning figures, not quotes.
Key takeaways
- Since 20 May 2017 a PPS lease is a lease or bailment by a business that regularly hires out goods, for more than two years, or with renewals that can exceed two years, or indefinite once possession passes two years.
- Open ended hire terms are the risk: the PPSR's own case study shows a hire company losing a truck to a liquidator because an indefinite hire ran past two years unregistered.
- A business that hires out plant has duties as a supplier and as a person with management or control of plant, including keeping it safe, maintained and supplied with safety information.
- In NSW there are 29 classes of high risk work licence; a boom type elevating work platform needs a licence when the boom is 11 metres or more.
- Damage terms and waivers sit inside standard form contracts, so they need to be fair and clear under the unfair contract terms law.
Why isn’t the booking calendar the hard part?
Because every hire platform can show what is out and what is free. Few of them protect you when a customer goes broke holding your excavator, or prove you checked the operator’s licence. A hire company’s real exposure sits in four places: the legal status of long hires, the safety of the plant you supply, the competence of the people who use it, and the terms you rely on when it comes back damaged.
The established platforms each cover the core well, as their own sites describe:
| Platform | Fit | Check before you buy |
|---|---|---|
| Current RMS | Equipment and event rental, with Xero and QuickBooks integrations and integrated payments | Serial numbered plant and long hire tracking |
| Point of Rental | Full featured rental software, strongest in North America | Australian accounting and PPSR support |
| InspHire | Hire software including OnRent, a cloud product for small to medium businesses, and a customer web portal | Telematics connections for your fleet |
| RentalMan (Wynne Systems) | Sold as enterprise rental ERP and equipment management | Cost and fit for a mid sized business |
| Booqable | Rental software for inventory and online bookings, popular with event and party hire | Depth for heavy plant |
When does a long hire have to go on the PPSR?
When it becomes a PPS lease: a lease or bailment by a business regularly engaged in hiring, for more than two years, or renewable beyond two years, or indefinite once the customer has held the goods for two years. The PPSR explains that the definition changed in 2015 and again in 2017. For hires starting on or after 20 May 2017, the minimum moved from more than one year to more than two years. Pooling arrangements, such as pallets passing between users, are not PPS leases.
Registration matters most when a customer becomes insolvent. The PPSR says a correct registration protects you and gives you extra rights in the property, especially in insolvency.
A worked example, from the PPSR’s own case study. A hire company’s standard terms allow open ended hire: a 48 hour minimum, fortnightly invoicing for continued use, and a week’s notice to return. A transport customer takes a heavy haulage truck for a road project expected to last about two and a half years, and goes into liquidation just after two years. The liquidator searches the PPSR and finds nothing against the truck’s serial number or the customer’s ACN. Because the indefinite hire had run past two years, it was a PPS lease, the unregistered interest was ineffective against the liquidator, and the hire company became an unsecured creditor. The PPSR adds that the result would be the same for a six month fixed hire that rolled on for another 18 months.
The software lesson is that a hire’s legal status depends on how long it actually runs, not on what the booking said. A useful PPSR module:
- Reads every open hire from your platform daily, with asset serial number and customer ACN or ABN.
- Flags hires whose terms allow more than two years, and open ended hires approaching the threshold.
- Prepares the registration with the right collateral class and serial number for review.
- Records the registration number, expiry and verification statement against the hire.
- Raises a task when a hire ends, so the registration is ended too.
Some hire businesses register open ended hires from the start rather than wait for the threshold. Set the trigger with your lawyer.
What does a hire company owe on plant safety?
A business that hires out plant has duties both as a supplier and as a person with management or control of plant, so it must make sure, so far as reasonably practicable, that the plant is safe and maintained and that safety information goes with it. Safe Work Australia’s model Code of Practice on plant says the supplier is in most cases responsible for inspecting and maintaining hired plant, and that on extended hires the parties may agree who maintains it on site, with maintenance records handed back at the end.
Some plant also needs registration. The Code lists items that must be item registered before they are commissioned for use, including tower cranes, mobile cranes with a rated capacity over 10 tonnes, concrete placing booms, lifts, and certain boilers and pressure vessels. A hire fleet system should hold each asset’s registration, inspection history, logbook and service schedule, and block an asset from going out when an inspection is overdue.
How do you check operator licences at hire time?
By recording the licence class and number for plant that needs one, and checking it against the state register where one exists. SafeWork NSW says there are 29 classes of high risk work licence, licences expire after 5 years, and holder details can be checked on the Verify NSW public register.
| Plant | NSW licence position |
|---|---|
| Forklift truck | Forklift truck class (LF) |
| Order picking forklift | Order picking class (LO) |
| Boom type elevating work platform | Licence class WP where the boom is 11 metres or more |
| Telehandler with forks or bucket | No high risk work licence, but the business must ensure operators are trained |
| Telehandler with a personnel box and a boom of 11 metres or more | WP class |
The legal duty to use licensed operators sits with the business running the work, but capturing licence details at the counter or in an online checkout costs little and shows you took care. Other states issue licences under the same national classes with their own registers.
How do you keep damage waivers and deposits fair?
Put the terms in plain words before the hire, make waivers and excess clear, and record the condition of every item going out and coming back. Hire terms are standard form contracts, and since 9 November 2023 unfair terms in them are banned with penalties. The ACCC’s examples of terms that may be unfair include terms that penalise only one party for breaching or ending a contract.
The ACCC’s advice to car hire customers shows what a fair process looks like: inspect with a staff member, photograph existing damage, record it on the contract, and get written agreement on any damage found at return. A hire app that captures timestamped photos at dispatch and return, linked to the contract, settles most damage disputes before they start.
Is telematics worth integrating?
For high value plant, yes: utilisation, hours and location data drive service schedules, billing accuracy and buying decisions. Many machinery makers expose telematics through APIs, and ISO/TS 15143-3 defines a standard format for earthmoving and road construction machinery telematics data. A dashboard that joins machine hours with hire records shows which assets earn their keep, which are due for service by hours rather than by date, and which hires ran over.
What about delivery, pickup and the yard?
Delivery runs, pickups and yard preparation are often still on whiteboards, and that is where a small app pays back quickly. A driver app with run sheets, proof of delivery photos and signatures, plus a yard board showing what must be cleaned, tested and staged for tomorrow, is a common first build. Our guide to replacing spreadsheets with a web app covers the approach.
What do hire builds cost?
Indicative AUD market ranges, ex GST, for planning, not quotes, within Expeed’s bands for Australian custom software ($15,000 to $40,000 simple tools, $40,000 to $150,000 mid complexity):
| Build | Indicative range |
|---|---|
| PPSR tracking and registration helper | $10,000 to $30,000 |
| Dispatch and return photo app | $20,000 to $45,000 |
| Utilisation and telematics dashboard | $25,000 to $70,000 |
Your platform’s API decides most of the cost; our API integration cost guide explains why.
How AWLabs approaches hire projects
We start with a Development Consult to hear where long hires, plant records or damage disputes cost you. A paid Discovery Audit checks your platform’s API, your hire terms with your lawyer’s input, and your telematics sources, then you get a fixed price Schedule of Work with three options: The Minimum, The Recommended and The Complete. Senior engineers lead every build, with updates every Tuesday and Friday during Sydney business hours.
We haven’t built for a hire company before, and we’ll say so. See our construction and trades work and our API development service. This page is general information, not legal advice.
Frequently asked questions
Do hire companies need to register on the PPSR?
For many hires, yes. A hire is a PPS lease if your business regularly hires out goods and the term is more than two years, can exceed two years through renewals, or is indefinite and the customer keeps the goods for two years or more. Register PPS leases on time; an unregistered interest can be ineffective against a liquidator. Hires that started before 20 May 2017 follow older rules. Get advice from a PPSA lawyer on your terms.
Can software register PPSR interests automatically?
Software can track hire duration, flag hires approaching the threshold, and prepare or submit registrations through the PPSR's business channels, with a person approving each one. The decision about what to register, and the collateral description, should follow your lawyer's advice, because a wrong serial number or grantor detail can defeat the registration.
Should we check operator licences when we hire out equipment?
It is good practice for plant that needs a high risk work licence, and the person running the workplace where it is used must make sure operators are licensed and supervised. In NSW, licence details can be checked on the Verify NSW public register. Recording the licence class and number at hire time is a small build that also gives you evidence later.
Which hire platform suits a small Australian hire business?
It depends on your mix. Current RMS integrates with Xero and QuickBooks and suits general and event hire; Booqable suits online rental bookings such as event hire; InspHire offers OnRent for small to medium businesses and RentalMan is pitched at enterprise fleets; Point of Rental is a full featured platform focused on North America. Trial with your real asset list, including serial numbered plant and long hires.
Have you built software for a hire company?
No. AWLabs hasn't delivered a hire or rental project, and we won't claim sector experience. We bring integration, data and app building skills, and rely on your yard, safety and legal people for how your operation must run.
This page is general information about Australian law and regulation, current at the date shown. It is not legal advice. Get advice from a qualified lawyer about your circumstances.
Sources
- Leases, bailments and consignments that can be registered on the PPSR, Australian Financial Security Authority (PPSR)
- Hire and rental: Heavy Hitter Haulage (case study), Australian Financial Security Authority (PPSR)
- Why register on the PPSR, Australian Financial Security Authority (PPSR)
- Model Code of Practice: Managing the risks of plant in the workplace (November 2024), Safe Work Australia
- High risk work licences, SafeWork NSW
- Unfair contract terms, ACCC
- Car hire, ACCC
- ISO/TS 15143-3:2016 Worksite data exchange, Part 3: Telematics data, ISO
- inspHire hire software, inspHire
- Wynne Systems RentalMan, Wynne Systems
- Booqable rental software, Booqable
- Point of Rental, Point of Rental
- Current RMS equipment rental management software, Current RMS
- Custom software development cost in Australia 2026, Expeed Software