Interest Rates Payable to Estates and Trusts — Public Trustee

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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 of 1 september 2025 have been fixed as follows— change the cash balance minimum threshold from $62,600 to $64,200 to be in line with the deeming rate thresholds. Deceased estates and uncared for property matters (in the course of administration or whilst under investigation) at the rate of 1.00%. Trust management accounts at the rate of 3.75% where the balance is up to and including $64,200; 4.25% for balances from $64,200 up to and including $500,000 and 4.50% where the balance is over $500,000. The debit interest rate remains at 5.50%.