You're incorrect. If you read that same page on the ATO website, you'll see that you need to prove your share trading was carried out as a business. This includes amount invested, regularity, repetition of trades, etc. Buying and selling shares is not considered a business on its own. Same goes for buying and selling houses. They are both assets and will be treated as capital gains / losses. Unless you can provide to the ATO you were doing so as part of a business.
Source: Bach. of Accounting
Ann: ASM signs agreement for sale of NdFeB alloy, page-132
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $145.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1388 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 12801 | 1 |
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| Last trade - 07.35am 25/07/2025 (20 minute delay) ? |
| ASM (ASX) Chart |
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