Family farms are likely to be exempt from a proposed 30% tax on discretionary trusts, with legislation expected to pass unchanged.

Around 37,000 trusts are used by operators nationwide to manage long-term succession planning.

Rural reporter Gabrielle Hodson caught up with National Farmers Federation chief executive Mike Guerin to find out more.

Family farms are likely to be exempt from a proposed 30% tax on discretionary trusts, with legislation expected to pass unchanged.
Around 37,000 trusts are used by operators nationwide to manage long-term succession planning.
Rural reporter Gabrielle Hodson caught up with National Farmers Federation chief executive Mike Guerin to find out more.

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.

Rural News - News highlights

The National Rural News

Family Farms Likely Exempt From Trust Tax

In today's National Rural News: discretionary trust tax likely to be slashed for farmers, ANZ to keep regional branches open, drones helping detect illegal fishing, plus the latest from the markets and more.  

In today's National Rural News: discretionary trust tax likely to be slashed for farmers, ANZ to keep regional branches open, drones helping detect illegal fishing, plus the latest from the markets and more. &nbsp;

National Rural News - Friday, November 11, 2026.

Wool is making a comeback as a fibre used in active-wear - and Chinese manufacturers are on the hunt for more.

This - and other global trends - means it's a great time to be a wool producer.
 
Rural reporter Gabrielle Hodson spoke with Wool technical manager Matt Cox from Elders. 

Wool is making a comeback as a fibre used in active-wear - and Chinese manufacturers are on the hunt for more.
This - and other global trends - means it's a great time to be a wool producer. &nbsp; Rural reporter Gabrielle Hodson spoke with Wool technical manager Matt Cox from Elders.&nbsp;

Wool in demand for activewear

In today's National Rural News:  

** Plans to force UK backpackers to pay fees to work in Ausyralia for a second or third year - but this would be waived in the bush, 

** A Riverina business fined $18,000 over 'exit' signs that didn't have a running man symbol,

** and Rural Aid helps locals in drought-stricken southern Queensland and northern New South Wales, 

Plus the latest from the markets and more. 

Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast

 

In today's National Rural News: &nbsp;
** Plans to force UK backpackers to pay fees to work in Ausyralia for a second or third year - but this would be waived in the bush,&nbsp;
** A Riverina business fined $18,000 over 'exit' signs that didn't have a running man symbol,
** and Rural Aid helps locals in drought-stricken southern Queensland and northern New South Wales,&nbsp;
Plus the latest from the markets and more.&nbsp;
Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast
&nbsp;

Family Farms Likely Exempt From Trust Tax

Rural News - News highlights

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