omgwen3rds
Not true. With out a 50%CGT discount up to $80k you pay 30%, over but up to $180, 37% and above, 45%.
The CGT relief is obviously ideal but if you fell in the middle bracket then 37% tax isn't devastating lol. ATO never gets half and if you qualify for CGT Rule then the appropriate bracket in effect is halved.
I mention this because a lot think holding without the CGT rule is not economically viable, so not true. We're not in the middle ages where income over $50k attracted over 40%.
dangerous territory, page-44
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Last
$7.34 |
Change
-0.260(3.42%) |
Mkt cap ! $6.860B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.56 | $7.30 | $32.37M | 4.384M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84497 | $7.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 23514 | 2 |
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| LYC (ASX) Chart |