Al, be very careful selling to realise a tax loss and then buying back in the new financial year.
There are laws against doing this so I highly recommend discussing with your accountant as to what you can and cannot do.
Whilst we all want to minimise our tax the ATO looks very closely at closing out positions at year end.
At the end of the day, if you are paying tax you are making a profit....that's what my accountant says..
Happy hunting.
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