Hi Kama,
If you hold the shares longer than 12 months and they are in your personal name, your tax liability will be based on the 50% of the profit (known as the "discounted" method).
It will be taxed at your marginal rate, which essentially means close to zero if you have very little other taxable income (pension is not taxable).
If you are selling lots at a high profit (le't hope), the best strategy is to sell chunks in separate years so as to not push yourself into a higher bracket in the one year.
If you hold them in a SMSF, and you are in a pension phase, there is no tax payable.
Hope that helps
John
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