I move:

That the following matter be referred to the Economics References Committee for inquiry and report by 29 November 2017:

The use of discretionary trusts in Australia, with particular reference to:

(a) the structure and purpose of discretionary trusts;

(b) the process of establishing discretionary trusts;

(c) the role and profile of trustees and beneficiaries across different personal and commercial sectors;

(d) the current taxation structure for discretionary trusts, including the extent of tax minimisation and avoidance;

(e) alternative taxation structures for discretionary trusts, including any tax minimisation and avoidance issues; and

(f) any other related matters.