# Australia's New Trust Tax: Leveling the Playing Field or Cramping Styles?

Page: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/australia-s-new-trust-tax-leveling-the-playing-field-or-cramping-styles
Text version: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/australia-s-new-trust-tax-leveling-the-playing-field-or-cramping-styles.md
Podcast: [Sydney News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669)
Published: 2026-05-14T09:42:18+00:00
Episode link: https://api.fastcast.ai/audio/35260904-d1d9-4576-bb91-bf817baaeb7d.mp3
Audio file: https://api.fastcast.ai/audio/35260904-d1d9-4576-bb91-bf817baaeb7d.mp3
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Duration seconds: 90

## Resource

Australias federal budget introduces a 30% minimum tax on family trusts, affecting over 840,000 trusts starting July 2028. This change aims to align trust taxes with wage taxes, but critics worry it will impact mortgages, education, business handovers, and aged care support. Business groups and opposition leaders express concerns about job losses, innovation, and investment. Tax experts advise caution as details are still being ironed out. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/67f683e497655ffe

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