Rassie
Last year the ATO issued a ruling or alert about "wash sales" which are sales between related parties at a loss (look up wash sales on the ATO website to find it). If the main purpose of the sale is to realise a capital loss then the ATO can apply the anti-avoidance rules to disallow the loss. So if you do transfer the shares to your wife you'd need to have commercial reasons other than the realisation of a capital loss for the transfer between related parties.
BNB
babcock & brown limited
