A capital gain on a personal use asset is subject to CGT if it cost you more than $10,000 to acquire the asset.
Capital losses on personal use assets are ignored. This means you can't use a capital loss on a personal use asset to reduce capital gains on other assets (including other personal use assets).
Personal use assets are CGT assets that you keep for your personal use or enjoyment.
They include:
boats
furniture
electrical goods
household items
an option or right to acquire a personal use asset
a debt resulting from
a CGT event involving a CGT asset kept for your personal use
making a private loan to a family member or friend.
The following are not classed as personal use assets:
collectables – these may be subject to CGT
your main residence, which is generally exempt from CGT
cars, which are exempt from CGT.
If you dispose of personal use assets individually that would usually be sold as a set, you get the exemption only if you acquired the set for $10,000 or less.