A Perfect Storm for Trusts? Bendel, Cameron and the 2026 Proposed Budget Reforms
Recent months have seen a number of significant developments affecting trusts and their beneficiaries. Most notably, the High Court’s decision in Bendel’s case, the Federal Court decision in Cameron’s case and 2026-27 Federal Budget reforms relating to discretionary trusts, and capital gains tax. This article examines the implications of the Bendel and Cameron decisions and explores several key issues arising from the proposed reforms.