Clare O'Neil (Hotham, Australian Labor Party, Minister for Housing) | Hansard source

I thank the member for Monash for her really important question. I think she'd be aware that the Minister for Finance clarified the government's pathway on this in the Senate earlier today. We're aware of these issues and we're working through them in the usual manner. We intend to address the arrangements for jointly owned assets in circumstances like inheritance and divorce in subsequent legislation. We'll also ensure that the exemption for income from genuine testamentary trusts applies to the minimum tax on capital gains. The parliament will have the opportunity to debate and discuss that as the second tranche of legislation comes forward.

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