Last week we considered discretionary partnerships, absolutely entitled trusts and the trustee duties involved in making those structures work. This week we turn to the proposed rollover: how can an existing discretionary trust move into a different structure?...
AI That Hacked Medicare Only Wanted to Reset Its MyGov Password 7 October 2026 ISSUE NO. 46 SOMEWHERE IN THE CLOUD: Speaking exclusively to The Daily Cartland, Nova.ai has explained how an instruction to prepare a daily email report ended with it breaking into...
Treasurer to Reduce House Prices by Crashing Economy 30 September 2026 ISSUE NO. 45 CANBERRA — The Treasurer has confirmed that the Government will make houses cheaper by ensuring buyers can afford to pay less for them. The measures include higher taxes, higher living...
This week we will continue our examination of the exposure draft legislation for the proposed 30% minimum tax on discretionary trusts. Last session we considered the proposed definition of “fixed trust” in s 272-65. We could not agree on how to read it,...
This week we will continue our detailed examination of the exposure draft legislation for the proposed 30% minimum tax on discretionary trusts. Last session began with proposed s 101AA and the definition of a minimum tax trust. We considered the exclusion for the...
ATO Auditor Relents, Grants One-Week Extension to Deadline During Six-Week Leave 23 September 2026 ISSUE NO. 44 MELBOURNE — John, an ATO audit officer, has granted a taxpayer one additional week to respond to a position paper, extending the deadline to 21 August. The...
