Not correct either in some instances.If you are a trader your...

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    Not correct either in some instances.

    If you are a trader your buy/sells opening stock and closing stock at june 30 are all that matters.

    If you are worried about earning too much $$$, trade in a company or smsf structure. 27.5 c in dollar and 15 c in dollar tax ( unless you're old)
    Or if you have a spouse/adult kids use a trust and distribute income to them.

 
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