Gaz
The usual message is talk to your accountant. This has come up endless times.
Normally I would agree that it is all trading and so treated as normal income and taxed at the marginal rate as you suggest.
However, if as Debono suggests, you can separate long term holdings from short term, then perhaps those long term can be treated differently. Talk to an accountant. The last thing you want is the ATO giving you a hard time.
cfds vs shares, page-10
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