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AAP
AAP
Politics
Andrew Brown and Jacob Shteyman

MYSTERIOUS: Fears new trust tax changes will smash small businesses - You Need To See This

Taxing discretionary trusts would make housing construction harder, the home building sector says. (Darren England/AAP PHOTOS)

Three in five construction businesses in Australia would be impacted by Labor's proposed tax hike on trusts, hurting housing supply, the building sector has said.

The Housing Industry Association has urged senators to reject the federal government's proposal for a 30 per cent minimum tax on trusts at a committee hearing on Thursday.

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