https://www.ato.gov.au/Business/Inv...ding/Carrying-on-a-business-of-share-trading/
This is an excellent ATO publication on share trading, IW.
Have a look at the various tabs on the left hand side - the principles outlined are from High Court cases and the key points are summarised under the first tab.
IMO, provided you comply with the principles you should be okay as a trader.
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