Further.......when applying offsets, you cannot apply the 50% discount before you use the event as an offset. You can only apply the 50% discount after all of the loss is used up.
Another reason that a loss sucks.
https://www.ato.gov.au/individuals/...tors-guide-to-capital-gains-tax-2017/?page=16
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Offsetting Capital Loss, page-8
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