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What is a Public Trustee?

Public/State Trustees are established by state/territory governments to provide professional, affordable and accessible trustee services to their respective communities and in some cases to their governments.

Why does the community need Public/State Trustees?

All Australian governments, whether Commonwealth, State or Territory are concerned to ensure that every Australian with legal capacity, has an up to date Will and Enduring Power of Attorney.  Governments are also concerned to ensure that all Australians have access to financial management services in the event that they lose capacity and do not have an Enduring Power of Attorney.  It is also important that everyone in our community has access to affordable estate and trust administration services.

The first Office of Public Trustee was originally created in New Zealand in 1873 to tackle a combination of the dangers and conditions of early colonial life including high mortality, low literacy and travel and communication difficulties that made it difficult to find suitably qualified, trustworthy volunteers with financial expertise to manage trust funds for minors. Australia's first Public Trustee was established in South Australia in 1881.

Why choose a Public/State Trustee?

  • We are established and supported by government whilst maintaining independence as professional trustees.
  • We have strong governance and regulatory controls in place.
  • We are audited by state auditors-General annually.
  • We are perpetual entities.
  • Collectively, we are the largest supplier of our services in Australia.

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