Hi MirCat, the basic answer to your question is that you do not get to choose whether to apply your capital losses or not.
The method statement for determining how much of capital gains is included in your assessable income is quite prescriptive.
https://www.ato.gov.au/General/Capital-gains-tax/Working-out-your-capital-gain-or-loss/Working-out-your-net-capital-gain-or-loss/
http://www8.austlii.edu.au/cgi-bin/viewdoc/au/legis/cth/consol_act/itaa1997240/s102.5.html
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