Hey @Sonder, yes tightening up the selection area would be really good (or rather not having it grow as you zoom out).
Would also be VERY useful to be able to show or hide bounding boxes around items on a page. Better still would be having layers have colours and the dashed line bounding boxes being shown in the same colour as the layer (same as Adobe Illustrator / InDesign). Perhaps there could be an option to show / hide bounding boxes by layer; something like the mockup shown below. This would be where the bounding boxes for the layer that my views are on are shown with a dashed line but (if it were possible) the bounding box visibility of the annotation and dimension layers was set to 0 
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I haven’t had time to try @DaveR’s suggestion but will try it at some point - I have had this selection accuracy issue on every system I’ve used. The new zoom speed setting in LO definitely makes it less frustrating but it would b great if the selection was more accurate.