So I actively trade blue chips and have no problem passing as a trader for tax purposes. If I have a strategy of occasionally buying a stock to hold long term, there is a clear distinction between the two types of activities I'm undertaking and the ATO will see it as such. Plenty of people do many different things to create wealth/income, you can be a PAYG worker as well as a business owner and a share trader. Why not share investor as well?
