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Share investing in Australia.

A practical guide to share investing in Australia: ASX shares, ETFs, LICs, dividends, franking credits, brokers and tax. No hot tips or charting theatre — just the structures, costs and rules that shape what you actually keep.

Latest shares article

Featured · New
S&P/ASX 200
200
large, liquid ASX companies
CGT qualifying period
12+ mo
subject to eligibility rules
CGT discount to 30 Jun 2027
50%
then indexation + 30% minimum tax
ETF diversification
1 trade
can hold a basket of assets

Official references: ASX index guide, ATO CGT guide and ASIC MoneySmart ETF guide.

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New to shares? Start here

Three steps
STEP 01

Sort the account before the shares

Broker model, whose name the holding sits in, and whether you buy personally, through a trust or inside super. Changing it later is a capital gains event.

STEP 02

Buy the market, not the story

A handful of broad index funds gets you the whole market for a fraction of a per cent. Everything past that has to earn its fee.

STEP 03

Know what you keep after tax

Franking credits, the CGT discount at twelve months, and how dividends land on your return. The after-tax number is the only one that counts.

Australian share investing, answered

Common questions
What is an ETF?

An exchange traded fund is a managed fund bought and sold on an exchange. It can hold a basket of shares or other assets, which can make diversification possible in a single trade. Fees, tracking method, liquidity and the assets held still matter. See ASIC MoneySmart's ETF guide.

How does the Australian CGT discount apply to shares?

Eligible Australian resident individuals may generally reduce a qualifying capital gain by 50% after applying capital losses if the shares were held for at least 12 months. Different rules apply to companies, super funds and some non-residents, so check the current ATO CGT guide or obtain tax advice.

What are franking credits?

A franking credit represents Australian company tax already paid on profits distributed as a franked dividend. The credit and franked amount appear on the dividend statement, and their tax treatment depends on the investor's circumstances. The ATO explains the terminology.

Are index funds and ETFs risk-free?

No. Diversification can reduce exposure to a single company, but market values and income can fall. Currency, concentration, liquidity, tracking and product-structure risks can also matter. Read the product disclosure statement and compare the investment with your time horizon and risk tolerance.

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