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CGT and main residences can be complex. For example a non-resident taxpayer has no CGT discount but some non-resident taxpayers can get the main residence exemption. While seeming to be illogical that a person who doesn't reside in the country can be exempt under the main residence exemption...

Yes. Very common for diplomats. OSeas postings are often two years with 6-12 month periods in Canberra in between. They buy in Canberra and they enjoy this benefit.

Yet another stupid accountant who doesn't work in property taxes. I always take the view that if the client misunderstands the accountant isn't worth their salt.

??? No such 12 mth rule for the MR exemption, that was just Mimosa's facts. In each case, its a question of fact. If your "reside" even for a short period the MR exemption may apply if all the other conditions are met. Note that reside doesn't mean stay for a night or two. You must...

A common question.. You can only have one main residence CGT exemption. Your spouse can only have one and jointly you can both have just one MR CGT exemption at any time. This exemption can be used in full or split. The ATO has some guidance here ...