Discuss whether the following are collectibles, personal use assets or CGT assets: (a) An engagement ring which costs $5000 (b) Shares in BHP (c) Your home. Please provide proper referencing for your answers.

| February 13, 2018

Discuss whether the following are collectibles, personal use assets or CGT assets:
(a) An engagement ring which costs $5000
(b) Shares in BHP
(c) Your home.
Please provide proper referencing for your answers.

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