SPQ Chart, page-119

David, alot are caught and dealt with privately. I know as a friend is involved in catching as works for ATO.

Every now and again it's made public as a reminder.

Its the ato, not asic that solely enforces as its tax slippage, not market manipulation which falls under asic.

They know exactly when we buy and sell shares. Dates.
So it's very easy to spot.

Simply if you sell to lower your tax, manipulate you'll get caught. No excuses.

They know the difference between an investor, day trader etc.

I've never been told specifics when I ask, not once over the 30 year friendship and rightfully so.

But friend warned I'd get caught if I washed. Its that simple. So I never do it.

There is no way you could argue if you sold a share, to directly lower tax and rebuy it. That it was not the intent.