Trust account resources and support
To support industry to understand the new trust account framework and their obligations, we’ve developed a comprehensive range of tools and materials.
Trust account tool
Use our trust account tool to find out if your project needs a project trust account.
Trust account register
Detailed companion guides to support the trust tutorials (in development) and provide practical tools such as checklists:
- Trustee guide - project trusts (PDF)
- Trustee guide - retention trusts (PDF)
- Trustee guide - transitioning from project bank accounts to trust accounts (PDF)
- Trustee guide – trust accounting (in development)
- Auditor’s guide – retention trust accounts (in development)
- Beneficiary guide - trust accounts (PDF)
- Regulatory guide - Project and retention trusts (PDF)
Glossary of terms
Frequently used terms in trust account legislation and resoures.
- TA1 - Notice of opening project trust account and/or retention trust account (PDF)
- TA2 - Notice of trust account changing or closing a trust account (PDF)
- TA3 - Notice of related entities (PDF)
- TA4 - Notice of insufficient payment amount (PDF)
- TA5 - Notice of no trust account review (PDF)
- TA6 - Complaint form (PDF)
Dedicated Q&A sessions
From early April 2021, we will be offering trustees the opportunity to register to attend a 2- hour question and answer session with trust account experts from the QBCC. To allow for detailed discussions and problem-solving, sessions will be limited to 10 participants.
Dates and registration links are coming soon.