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Showing 1 - 10 of 28 results for "Discretionary trust"

FAAA flags gaps in discretionary trusts tax reforms, deficient framework

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
Under the proposed minimum tax on discretionary trust reforms, the Financial Advice Association Australia (FAAA) highlighted concerns over trustees potentially being forced to make "major and largely irreversible decisions" before the rules and guidance ...

Treasury launches minimum tax on discretionary trusts draft legislation

KARREN VERGARA  |  FRIDAY, 4 SEP 2026
... levels. This reduces the progressivity of the tax system," Chalmers said. Going forward, the trustee of a discretionary trust will continue to determine the share of trust income that beneficiaries are entitled to each year. Beneficiaries will continue ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
Treasury has launched part two of the negative gearing and capital gains tax (CGT) reforms, hoping to clarify some more of the "complex issues" that apply to a range of specific circumstances and structures. Among the key measures, the government has ...

FAAA calls for rethink on trust tax overhaul

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
... better target tax avoidance while preserving the legitimate commercial and succession planning benefits for discretionary trust structures.

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
Generation Development Group has reported strong growth to the year ending June 30. Generation Development Group reported a record quarter for Generation Life, adding to the overall success of the broader business. Generation Life reported a rise of ...

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
... amounts to which non-resident withholding tax applies." Treasury will also use this opportunity to re-define discretionary trust, as the current tax framework defines discretionary trusts by exclusion, which provides "greater tax planning opportunities" ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... issued by innovative start-ups before 1 July 2027. Furthermore, for the minority of small businesses that use a discretionary trust, a new 30% minimum tax will apply. Chalmers expects more than 90% of Australia's 2.7 million active small businesses ...

Product showcase: Reframing financial advice

THE FINANCIAL STANDARD TEAM  |  MONDAY, 15 JUN 2026
A diversified approach for a changing tax landscape The retirement savings confidence gap between 'advised' and 'unadvised' Australians is set to widen following the Federal Budget handed down in May. The Budget announcement introduced ...

Structural reforms necessary despite global shocks: Chalmers

RIDDHIMA TALWANI  |  THURSDAY, 14 MAY 2026
Addressing the National Press Club Treasurer Jim Chalmers said global shocks are no longer rare and it is not possible to wait for calm to embark on big policy changes. "It's no longer possible to separate cyclical and structural change, or to deal ...

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... vehicles now sitting at or around 30%, and small business companies sitting below that at 25%, the case for a discretionary trust collapses to non-tax considerations. Asset protection and succession planning remain valid reasons to choose a trust. Tax ...
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