Yes as above....but the child can still claim low income rebates...check out the ATO website...and you can buy an ETF or an investment vehicle such as Argo ARG .
Not advice , going through the same dilemma with starting a portfolio for my grandkids,,, Look at Nabtrade website too...
How to buy shares for my child in their name, page-17
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)