I believe that under certain circumstance you can obtain the 50% CGT discount as a trader.
I have a copy of an article that was published in The Australian a few weeks ago, explaining the tax on shares, traders v's investors. It does mention the 50% CGT discount but you need to read it very carefully!!!!
As I'm not smart enough to attach it to this post, I can email it to all those who would like a copy!
my email is
[email protected]
Cheers
Macca
