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The company would borrow (in its capacity as trustee) - book still a while off yet. Think of it as similar to mum with child . Mum borrows for the benefit of the trust. The trust is just the relationship between mum and child.

Nope. .....

A trust isn't a legal person so it cannot borrow. It would be the Company Pty Ltd as trustee for the XXX trust usually.

You can loan the trust money, with interet or without. Just because a trust has negative equity doesn't mean it is insolvent. Whether you loan or gift will depend on a few things, mainly where you are getting the money from the lend the trust. If you have idle cash laying around then...

thats up to you. Its not difficult to apply for an ABN

Yes. A trust needs a TFN and an ABN.

A company provides limited liability. A trust cannot be sued (- as it doesn't exist). only a legal person can be sued. If the company is conducting a business in its own right it could be sued and usually the matter stops there. The shareholders are not liable and the directors are not...

Don't worry it took me about 5 years to get that concept. There are 2 forms of ownership. Legal and beneficial. Think of a 2 year old baby. Mum opens bank account as trustee - she is legal owner. But it is not her money as it belongs to the baby - he is the beneficial owner. Mum's name is...

Above it appears you are buying under a trust?:D

For tax purposes the trust is considered a separate entity. Like any taxpayer the trust can claim all associated expenses including depreciation. these expenses are claimed by the trust - same with hybrid trusts too btw.