Investing For Doctors Podcast
Welcome to the Investing For Doctors podcast. Here we talk about personal finances, investing, wealth creation, accounting, and personal development that will aid you in your life journey as a doctor.
Please note that the information provided in this podcast is for educational and entertainment purposes only. The content should not be considered as financial advice and your personal situations have not been taken into account. Before making any financial decisions, we strongly recommend consulting with the relevant professional(s).
Investing For Doctors Podcast
Federal Budget 2026 Just Killed The Trust Strategies You've Been Using For Years
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In this episode of Investing for Doctors, Dr Bi breaks down the most significant overhaul of trust taxation in Australian history. The 2026 Federal Budget has fundamentally changed the rules for anyone running a discretionary trust, and if you have a family trust, a bucket company, or a testamentary trust in your estate plan, this episode is essential listening.
We unpack the new 30% minimum tax on discretionary trust income, why the bucket company strategy is now dead, what happens to the CGT discount inside a trust, and the critical traps buried in the testamentary trust carve-outs that most people have completely missed. Most importantly, we walk through the three-year restructuring window, what rollover relief actually means in practice, and why you need to start planning now rather than waiting for the legislation to be finalised.
This episode is a clear, numbers-driven analysis of what has changed, who it affects, and what you should be doing about it today.
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TIME STAMPS:
00:00 Intro/Hook
00:56 What a Trust actually is
02:06 Types of Trusts: Fixed vs. Discretionary
03:33 New Tax Rules for Discretionary Trusts
07:41 Impact on Tax Burden and Income Splitting
13:19 Who Does the New Tax System Affect?
16:08 Testamentary Trusts and Estate Planning
22:52 Capital Gains Tax Changes
29:28 Restructuring Options and Rollover Relief
35:38 Government Support and Practical Considerations
40:00 Conclusion/Outro
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SHOW NOTES LINKS
https://au.linkedin.com/in/mian-bi
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LISTEN TO THE PODCAST
Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN
Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608
Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast
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Website: https://ifdgroup.com.au/
Facebook Group: https://www.facebook.com/groups/investingfordoctors
Facebook Page: https://www.facebook.com/investingfordoctors
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
