When you sell shares you are required to pay brokerage. The amount you pay is usually made up of a minimum amount plus a small percentage of the value of the shares you are selling. Brokerage is paid for each independent share parcel you have, for instance if you are selling IAG shares and Telstra shares, you would pay the minimum brokerage charge on each; this is standard practice across the industry and reflects the costs we incur in clearing your trades through the ASX.
You can see our fees here.