troopers beware of smart people on social networks telling you...

troopers beware of smart people on social networks telling you about tax and other financial matters. Go to an accountant or read the ATO website.
What zee said is right a little snd wrong a lot.
You need the whole picture snd not just a blanket statement.
If you sold a share (and made a profit) there are two scenarios:
- if you held it less than a year you pay tax on the profit at your marginal tax rate (plus the Medicare levy). So if your income is such that you have entered the top tax bracket it can be 45%+2%=47%
- if you held it over one year you only pay tax on half of the profit. Half is tax free. The half that is taxed is again taxed as above, at your marginal tax rate which could be up to 47% with Medicare. Only on half though.
- The minimum tax you would pay is zero and not 25% as zee mentions. This would occur if your income was such that you are earn less than $18.200 (our tax rate would be zero).
If you earn $18,200-45,000 you would pay 19+2% tax
If you earn 45,001-120,000 you would pay 32.5+2%
... 120,001-180,000 you pay 37+2%
... over 180,000 it is 45+2%
- if you had losses to offset the gain you pay zero tax on that what is offset
- this is valid for individuals and changes if you are a trust, company, certified trader etc etc

My point .. Do not take what is said by a person you have never met as gospel ... even me.
As you can see Zeeb0t is right a little but wrong a lot.