If you dont have an accountant and are doing the tax on your own, dont hesitate to call the ATO with any questions you have. They are quite helpful, and are regular people.
"Individuals and small businesses (excluding companies) can generally discount a capital gain by 50% if they hold the asset for more than one year."
that line refers to if you have held it continuously. If you sell, and re-buy, then it does not apply. Consider the time frame to start over each time you buy again.
anyway
https://www.ato.gov.au/General/Capital-gains-tax/
https://www.ato.gov.au/General/capital-gains-tax/working-out-your-capital-gain-or-loss/
Share Profit tax, page-7
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