I don't believe that is correct. In the Sharesight portfolio tracker software which is up to date with ATO, it has options to allocate sale allocation method of, FIFO, LIFO, Maximise gain, Minimise gain and Minimise CGT. I don't believe they would have this wrong but happy to be corrected.
As I have said previously, I have minimised tax in the past by allocating which parcels, been audited and there was no problem. Also advised my accountant of particular parcels sold and he hasn't raised it as an issue.
If incorrect, I have managed to get away with it for years.
PLS chart, page-4816
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