The Public Trustee pools customer funds to generate a higher level of return than that which might be available to an individual investor. A management fee is charged to each of the different pools of funds which is currently a maximum of one per cent (1%) per annum (plus GST). These fees are not charged [...]
Public Trustee employee charged with abuse of public office. An investigation by the Independent Commission Against Corruption has resulted in in an officer of the Trusts and Deceased Estates section of the Public Trustee being charged with abuse of public office. The allegations relate to actions taken between 2004 and 2006. The officer concerned handled [...]
The Public Trustee is making some changes to our ground level reception areas. From close of business Friday 15th May 2020 the current reception area at Shop 6 (facing Grote Street) of the GHD Building Victoria Square will be permanently closed. From Monday 18th May we will be providing our usual services to all customers [...]
The Public Trustee is operating under changed conditions in response to the current COVID-19 environment. During this time it may not always be possible to contact your usual estate officer. Where this occurs you will be referred to another estate officer who will be able to assist you with your enquiry and maintain your contact [...]
The Commonwealth Government has announced a number of economic measures as a result of the current Coronavirus circumstances. These include: $750 stimulus payments to support eligible households; and a new, time-limited Coronavirus supplement to be paid at a rate of $550 per fortnight. This will be paid to both existing and new recipients of the [...]
The Public Trustee is undergoing some changes to our office accommodation. While every effort is being made to ensure continuity of customer service, there may be some interruption to service from 12.00pm on Friday 20th March and Friday 27th March 2020. During this time there may be some impact on how quickly we can respond [...]
The Public Trustee is undergoing some renovations so we can better serve our customers. This means that our general reception area at Shop 1, GHD Building, Victoria Square will be temporarily closed. During this time will still be providing our usual services and those visiting our office can find us just around the corner, still [...]
The State Government has announced its intention to merge the Public Trustee and the Office of the Public Advocate, under reforms aimed at improving services to vulnerable South Australians. The proposed merger would see customers and clients who currently use the services of both PT and OPA dealing with one agency that addresses all of [...]
The Public Trustee currently accepts money from a variety of approved investors under Section 29 (1)(b) of the Public Trustee Act 1995. From 1 July 2019 the Public Trustee will cease to accept any new deposits. The investment service will be fully phased out over the period 1 July 2019 to 30 June 2021. Customers that [...]
From July 1 2019, the Public Trustee will only create new Wills or Enduring Powers of Attorney free of charge for eligible concession holders or people who are subject to a protection or administration order issued by the Courts or the South Australian Civil and Administrative Tribunal. If you have a current Will or Enduring [...]