Budget 2026: New 30% minimum tax rate for discretionary trusts in push for “fairness”

A new 30% minimum tax rate is coming for discretionary trusts, carving into a system the Albanese government says benefits ...
Financial Standard

Minimum 30% tax for discretionary trusts

Discretionary trusts have been slapped with a 30% minimum tax amid a slew of "fairer tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity.

Albo will target family trusts in budget to deliver ‘fair crack’ to PAYG taxpayers

Anthony Albanese’s mission to give younger Australians a “fair crack” in the tax system has a new target: the use of trusts ...
JD Supra

Trustees' duties to notify discretionary beneficiaries: Balancing settlor wishes against disclosure obligations

A perennial tension in trust law concerns the extent to which trustees may accede to a settlor's wishes to maintain secrecy over the existence of a trust and its beneficial class. This article ...