I would say this is not the case with everyone. The larger your...

I would say this is not the case with everyone. The larger your holding the more serious the issue.

There are ways, namely, splitting sale’s between financial years (though to late now but worth waiting if you can). If you’re selling at lets say 300k profit, tax is a problem. A serious problem if in your personal name at the highest marginal rate in Oz. you don’t want to lose close to half your holding with one giant sale to the tax man and are better off splitting the sale. Even a loss in the value of the holding would be less than the loss to tax so it pays to really think about every part of your investment and factor in the tax consequences to your decision making like you would any other cost of investment.