23/06/2026
🏦 "There are about a million discretionary trusts in Australia... and almost no one is talking about what's about to change."
In this clip from the latest TFS Wealthcast, Sonali breaks down the proposed trust tax changes — what a discretionary trust actually is, why so many small business owners use them, and why a flat 30% tax rate on the entity itself could completely change the game.
If you run a business through a trust, distribute income to family members, or have an accountant who ever suggested this structure — this affects you more than you might realise.
🎧 Watch the full podcast for the complete breakdown of what these changes mean for small business owners and investors moving forward.