# Trusts Legislation Fails to Address Industry Concerns

Source: https://www.commerceballarat.com.au/trusts-legislation-fails-to-address-industry-concerns/

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- 15 October 2026

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Australian Industry Group’s Innes Willox, says “legislation tabled in parliament today for the minimum tax on discretionary trusts fails to address genuine industry concerns over implementation, and will punish businesses who attempt to comply with new trust tax rules.” Read more [here](https://www.australianindustrygroup.com.au/news/media-centre/2026/trusts-legislation-fails-to-address-genuine-industry-concerns-and-will-arbitrarily-punish-businesses/?utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--2JO7czE3u4AEo2sixeYhIHvZei_LM3QApzn2C_vZuXr52ZfaiBGTdmhTUMS8cQieDXFFj).

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