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06 Trusts

OVERVIEW

For the 2010-11 income year:

  • 729,622 trusts lodged returns, a 3.9% increase from 2009–10
  • total net income or loss reported by trusts was $151.2 billion, a 22.1% increase from 2009–10
  • trusts reported total business income of $316.7 billion, a 7.3% increase from 2009–10
  • total trust business expenses were $291.7 billion, a 2.2% increase from 2009–10.

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