PUBLIC TRUSTEE OF QUEENSLAND – MAJOR REFORMS TO BE IMPLEMENTED

PUBLIC TRUSTEE OF QUEENSLAND – MAJOR REFORMS TO BE IMPLEMENTED

The Public Advocate – Mary Burgess has now tabled its report of its 2 year investigation into the practices, fees and charges of the Queensland Public Trustee.  Preserving the financial futures of vulnerable Queenslanders: A review of Public Trustee fees, charges and practices.  The Attorney-General issued a media release announcing the  government accepts in principle the majority of the 32 recommendations in the report and would undertake further consultation with stakeholders.  In its press release the Public Advocate observed: “the fee rebate scheme mainly benefited clients who live under very constrained financial circumstances and for other clients, the level of the Public Trustee’s fees and charges to manage their modest assets and income can place them under additional financial stress, and the rebate system does not provide relief. “In some instances, the level of the fees and charges can result in clients being unable to maintain their home, which for most people provides a place of safety, security and a level of independence,” Ms Burgess said.”

To access an executive summary of the report : Click here