Business

‘I found that wild’: Tax adviser ‘astounded’ by academics’ views on trusts

After watching the Senate hearings into the proposed trust tax reforms, a tax adviser said he was concerned that...

13 November 2026 • By Malavika Santhebennur

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Business

Advocacy group calls for ‘independent’ cost analysis of trust tax reform

The group said it would like to see independent analysis of the costs of the proposed reforms rather than it coming...

12 November 2026 • By Malavika Santhebennur

Tax

Tax changes pushing SMBs to burn the candle at both ends

One accountant has spoken out against the government’s tax reform and its impacts on small businesses.

12 November 2026 • By Carlos Tse

Business

Trust tax to earn government $720m from SMBs, Treasury confirms war on trust...

The Treasury has revealed its stance on the discretionary trust being used by small businesses, arguing that applying...

11 November 2026 • By Carlos Tse

Business

‘This is a bad tax bill’: COSBOA presses for trust tax bill to be scrapped

The peak body for small businesses has strongly suggested that the discretionary trust tax bill does not proceed and...

10 November 2026 • By Malavika Santhebennur

Tax

The retiree client the trust tax forgot

I’m a 70-year-old self-funded retiree, and I’m the kind of client many accountants will be hearing from as the minimum...

10 November 2026 • By Anonymous

Business

Economists, association leaders arc up to discretionary trust business structure

At the latest Senate hearing on discretionary trusts, association leaders butt heads with business advocates as the...

09 November 2026 • By Carlos Tse

Business

‘Sledgehammer’ approach to trust tax reform labelled ‘intrusive’

The government has taken a “sledgehammer” approach to discretionary trust tax reforms, particularly for businesses...

09 November 2026 • By Malavika Santhebennur

Business

‘Please can we have some more?’: Calls for tax reform deadline extension

At a parliamentary hearing on discretionary trusts, three accounting bodies urged the government to delay implementing...

06 November 2026 • By Malavika Santhebennur

Business

‘Where do I start?’: Accountant lists concerns with tax reform, access to advice

A Perth-based accountant has raised the alarm on the “sheer” complexity of the proposed tax reforms and wondered...

06 November 2026 • By Malavika Santhebennur

Business

Trust tax sets up decades of litigation, lawyer says

A tax lawyer has warned the government’s minimum tax on discretionary trusts turns on a definition that is...

04 November 2026 • By Malavika Santhebennur

Business

Businesses face ‘death by a thousand cuts’ amid tax reforms

The trust tax reform proposals are stacked on surging costs of doing business, restructuring, productivity challenges,...

27 October 2026 • By Malavika Santhebennur

Tax

4 more ways Treasury has radically escalated its War on Trusts

Treasury and the federal government have marketed their minimum tax on trusts as a mechanism to redistribute wealth...

20 October 2026 • By Matthew Burgess

Tax

Discretionary trusts bill: Adequate improvements for ‘inadequate’ consultation...

The accounting profession has spoken, with practitioners questioning the effectiveness of Treasury’s consultation...

19 October 2026 • By Carlos Tse

Business

Tax reform ‘more like a political talking point’

Accountants remain irked by the proposed tax reforms on multiple fronts after they were introduced in Parliament.

16 October 2026 • By Malavika Santhebennur

Tax

Minimum tax on trusts: Ideology-driven reform by belligerent bureaucrats

The government’s new 30 per cent minimum taxation of trusts regime is far more than a change in tax rates. For...

16 October 2026 • By Matthew Burgess

Business

Tax accountant the ‘great winner’: Government introduces next tranche of trust...

The Labor government has introduced its legislation for a minimum 30 per cent tax on discretionary trusts to...

15 October 2026 • By Malavika Santhebennur

Business

Shouldering the user uptick after the restructuring storm: ASBFEO

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) discusses the flow-on potential impacts of the...

15 October 2026 • By Carlos Tse