What is a testamentary trust and what are the tax changes? | ABC NEWS

The federal government has announced it will exempt income from discretionary testamentary trusts.
Business editor Michael Janda discusses what these trusts are and the impact it will have on lower income earners such as university students.
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Read more here: https://www.abc.net.au/news/2026-06-18/capital-gains-tax-concessions-for-startups-and-small-business/106812782

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