average down - lyc, can it work?, page-52

Assume you mean Aussie tax resident, which can be different to an Aussie resident. Some complex rules around this concerning 'substantial presence' etc etc. Gets messy.

Based on being Tax resident:-

Capital Gains Tax Depends on a few factors - CGT is reduced the longer you hold the instrument for. Can get complex with trading, as to how each parcel of shares is deemed to be sold from which parcel bought.

If designated by the ATO as a 'trader' then it will be taxed as income at marginal tax rates, else at CGT rates.

If held in a SMSF (trading is not allowed) then the CGT would be 10%.

And the real kicker is in a SMSF, after converting to pension phase, then zero tax even if sold the next day at a profit. Zero for CGT and income, but if labour wins the election then this will be complicated by the $200k income deal (for couples) for some folks.

Hops this helps. All on the ATO tax web site if you want to delve a little deeper and validate.

The above is my understanding and should not be taken as advice.

The last one is the best :-)