Anthony McDonald

You know, I'm not sure why that fact is needed and why it's needed on the public record.

But, you know, when you head to Canberra, they're trying to secure you at the moment.

And it's just little things like that that, you know, stick in the mind.

Absolutely.

Yeah, tougher than the last one.

I think, James, playing the US at home.

You know, the heart says go Socceroos, the head says it's going to be hard.

But who knows?

Maybe I'm starting to believe.

Well, it's all about capital gains tax, James, which is very topical.

Bear with me, people.

Capital gains tax is great in a headline, but people don't often like to understand the details.

So basically, if your shares have gone really badly in the past 12 months, the year to June 30, some people want to sell them to lock in the capital loss to then offset against gains maybe they've made somewhere else.

I mean, there's some really big candidates this year.

We've had some big falls, unexpected ones from big companies.

So the share price of CSL, Cochlear, WiseTech, all down more than 50% this financial year, which is just amazing, James.

But basically, the tax loss selling means that anything that's been hit hard over the past 12 months can sort of get hit hard again in that final week of the financial year, just as people try and lock in some of these capital losses.

Funnily enough though, James, I mean, it's the 19th of June today.

What we've actually seen is these stocks have traded up this week.

So if the tax loss selling is there, it's not going to happen till late.