Hawke’s Bay community laments Public Trust ‘rort’
The Government-owned entity’s fees for managing a substantial charitable estate are rising while payouts to beneficiaries are falling.
Public Trust, an Autonomous Crown Entity, says it is satisfied with the level of community benefits.
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
An organisation representing beneficiaries of a Hawke’s Bay charity says the Public Trust is milking its assets for fees while the community loses out.
Public Trust is sole trustee for the Estate of Alfred William Parsons, a Hawke’s Bay farmer who died in 1953 leaving a large portion of his
Want to read more? It's easy.
Choose your subscription
Already have an account? Login
Smartphone Only Subscription
NZ$29.95 / monthly
Subscribe Now
Monthly Premium Online Subscription
NZ$49.95 / monthly
Subscribe Now
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Subscribe Now
Yearly Premium Online Subscription
NZ$499.00 / yearly
Subscribe Now
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly
credit card debit
Subscribe Now
Premium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly
credit card debit
Subscribe Now
Yearly Premium Online Subscription + NBR Marketplace
NZ$999.00 / yearly
Subscribe Now
Individual
Group membership
NBR Marketplace
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
