If that was the case, then you should be able to do it for normal shares or options. If the ATO were to allow for such ruling, how would they then distinguish between shares, cfd, warrants, options as to what is gambling. CFD's are the same as shares only that they are highly leveraged. This affects the capital required and the risk reward scenarios but the rest is the same to some extent. They are based on the underlying share or indice and the analysis is done on the indice or share itself. I just cannot see how the ATO would open itself up to a potential disaster IMO.
are cfd gains considered taxable, page-19
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