Interest Rates for Estates and Trusts — Public Trustee

Details

Notice Text

Notice is hereby given that the rates of interest payable to the respective estates and trusts, the moneys of which are held in the common account, as from 1 december 2022 have been fixed as follows— trust management accounts at the rate of 1.25% where the balance is up to and including $56,400; 1.75% where the balance is between $56,400 and up to and including $500,000; 2.25% where the balance is over $500,000. The debit interest rate remains at 5.50%.