From 28 April 2026, the new Trusts Act 2025 (Qld) will replace the current legislation, bringing major updates for trustees and beneficiaries. These changes include clearer trustee duties, broader decision-making powers, easier trustee replacement in some situations, stronger beneficiary support, and simpler dispute resolution for smaller matters.

In Metal Manufactures Pty Ltd v Morton [2023] HCA 1, the High Court has confirmed that statutory set-off under s 553C cannot be used to reduce unfair preference recoveries.