Private Administrators
A Private Administrator is an individual(s) acting as an Administrator under an Order of the Queensland Civil and Administrative Tribunal (QCAT). Private administrators are required, pursuant to the Guardianship and Administration Act 2000 to keep detailed accounts of administration on behalf of an adult. This means keeping full details and records of the adult’s assets (what they own), liabilities (what they owe), income (what they earn) and expenses (what they spend).
The Queensland Civil and Administrative Tribunal often require a private administrator to provide an account of administration to the Tribunal on an annual basis, eight weeks before the date of the anniversary of the appointment, unless the Tribunal has instructed otherwise.
Where the adult’s estate is valued at over $50,000 (excluding the adult’s principal place of residence/nursing home bond) the accounts of administration are provided to a member of the Queensland Civil and Administrative Tribunal’s panel of examiners using the account by administrator form.
For more information about financial decision making and financial capability:
PTQ – Guide for Financial Administrators
AGAC – National Standards for Financial Decision Makers or Easy English Version
ADA Australia – Supporting Financial Decisions resources
DSS – Financial Capability Workers – Practical support to improve financial capability
ASIC – Financial Capability – Resources to improve Australians’ financial capability
MoneyMinded – free learning resources to improve financial capability
Smith Family – MoneyMinded courses
