Interesting article:
http://www.canberratimes.com.au/busines ... 4z0xy.html
This really irritates me - as the article points out increasing the tax burden just drives away profitable traders and increases the losing rate of punters. Yet mostly this is all done under the banner of "preventing problem gambling".
Frustrates me to tears we can't trade in play on sports like tennis and this will just make pre-match/race trading even harder.