Get advice from accountant or read ATO website in regards to investing in a minors name
Also in regards to capital gains don't just leave the gain to all get paid as a lump sum at the end.
By selling part of holding after 12 months and greater than 12 months afterwards before june 30 each year you can realise a gain and pay little to no tax and then reinvest so that when finally sold to buy business, car or whatever little tax is payable rather than a lump sum.
Consider portions in higher growth options and higher risk as it is about time in market and appropriate risk .
PS best investment is in kids education so they can earn more in their life and not do it with debt be they a plumber or Dr not in a car etc. 10-20 years time in city cars will be car share etc. .
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