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This comprehensive text covers all of the materials relevant to the Equity and Trusts curriculum in a detailed and thorough manner with a succinct, easy to read style. The second edition details a broad spectrum of developments occurring in this area since 1997 - including the application of fiduciary principles to new areas (including native title and governmental bodies), further analysis of fiduciary duties and remedies, developments in equitable tracing and detailed discussion on new trust duties and rules including academic appraisal of recent cases dealing with constructive and resulting trusts. There are also substantial developments in the chapters dealing with estoppel, equitable relief and equitable priority principles. The second edition of Principles of Equity and Trusts is a vital book for students studying this complex area and is also a valuable edition to the library of academics and practitioners interested in this area.