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Thanks for the reassurance Dale! The speaker talked about how he is a multi-million (typical of any seminar speaker) and that he has a "secret recipe" for wealth creation .... wait for it .... negative gearing..... then comes all the consultants that have loads of off-the-plans for sale...

Hi Everyone, Thanks to Dale, I have my family trust already set up. However, I went to a seminar today and the speaker was talking about that the 50% capital gains discount does not apply to family trust. Is this true? I was under the impression that a family trust with a private company...