Will stricter CFD and FX trading rules affect the vitality of Australian brokers and markets?

These changes shouldn’t effect profitable traders too much at all. These same people who are moaning about the changes have had it great for years. Where else do you get almost fee credit without credit checks.
Wake up

I stand to be corrected here, my friend,
but I think you can send a weekly monthly income from you SMSF to a debit card, or possibly a savings account

Yes a very good way to manage our taxes, this is what many people are doing. We can even deposit after tax money into our super ( as an after tax contribution) and then trade it.
We cannot withdraw the trading profits but we can withdraw our after tax contributions if we needed to.

Not entirely true, you can withdraw a tax exempt lump sum (Low rate cap amount of approx $200K tax free) when you reach your preservation age (and not working) and at that time you can also start a SMSF pension but if you are less than 60yo the pension amount will be taxable.

Hi dingo man , I never minded paying taxes in Australia when it had world class services, I have paid an enormous amount of tax but after some experiences of my family in an Australian hospital as well as having a property compulsory resumed for a third of market value I was pretty done with Australian long before the government interfered with my trading, and not too mention the banking bailin laws that aren’t really talked about, I don’t have a lot of assets in Australia anymore and they certainly not getting anymore taxes from me , I had a super account when I was about 17 but was shocked at the poor returns and fee’s that seemed to chew up the account, it was one of the things that made me a trader , I have always been self employed so have managed my own assets, I have to say , I done in Australia, i have been mainly out since 2014 but am tired of being treated like an ATM by Australias dodgy politicians, also life isn’t what it was at one time , one of the best parts of trading is to be able to enjoy working where ever you want , australia could actually start a flood of capital and people with how it’s going, good luck and cheers, island trader.

I hear you loud and clear, my friend

I don't know how old you are but a self-managed super fund could work for you,
buy reducing your taxes to 15%,

The problem with that is that If you are under 65 years of age you will not be able to withdraw your funds until you are.

Cheers my friend, and enjoy life.

yes it can be done easily, but it needs to be done legally.
For example after reaching our preservation age or after starting a SMSF pension

Yep l as a professional financial trader in Australia I’m done in Australia now , I don’t need the government dictating my highly profitable business to me and undermining my living simply to prop up the very expensive exchange, which seems to be having trouble staying on line , I own property overseas, I’m going to take advantage of being able to run my business from anywhere in the world, not to mention that I will no longer be paying all these taxes to Australia anymore, will probably end up being the best thing for me

Thanks mate , you too

Taxes at 45% capital gains aren't going to be good, here in Australia,

That's for sure.

Hi rick , I agree that high leverage can be dangerous in inexperienced hands but to ignore the fact that everyone trades differently, psychological make up , account size and especially experience dictate personal styles in each individual, I don’t want to criticise you but to simply put it how you did is to ignore how the trading business operates. The money in many cases is not free , it is paid through the forex and derivative norm of swaps , another facet of trading that is very important but is not treated as so , especially in this ultra low interest rate environment, not counting the Turkish lira or South African rand , exotics which I admittedly trade for the swaps , but only when it is safe to do so in regards the position on the chart . I personally trade forex in multiples of ten lots , indexes and commodities In five lots , I have a substantial account so my risk parameters are the same now as when I traded with $25k . The brokers I use have leverage ranging from 400 % to 2000 % , I break my money into different accounts in order to get this leverage, it works for me , maybe not for yourself, my point, I can’t tell you how to trade as we are individuals who trade differently, some will crash and burn , I can admit that I have blown out an account years ago , I learnt and didn’t do it again. I understand that leverage can be dangerous but like most things in life it’s a personal journey, as are the risks, one of ‘moans ‘ is that this seems to be about protecting an expensive exchange, I don’t need politicians telling me how to run my business, either am I going to tell others how to trade , I accept that high margin might not suit your trading style, but my , highly profitable trading style is built around this fact , cheers and happy trading, island trader.