Sorry guys but this "roll-over" rule does not apply in Australia as far as im aware. This is something that "Rich dad Poor dad" tge book keeps banging on about but this is a farce in oz; no rollover rules.
As someone has stated, if you do want to take cgt discount, best bet is to hold out till either the cgt discount date or indefibately, as it will take Beach a month or so to wrap up fibal 10%.
Tge date is really when your asx HIN ( those wobderful papers you get every time you trade!) that is the rule in terms of accountibg/tax. There is no other way around it, so just wait and hang in there for delayed soak up.
(sorry for spelling, iphone doesnt like fat gingets)!
ADE Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
