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WA's stamp duty rules cast a wide net, covering mining and infrastructure assets.

Stamp duty windfall from large deal

The state government has budgeted for a $169 million stamp duty windfall from a single ‘property’ transaction, the latest in a string of large deals that have boosted its coffers.

The government has not disclosed which company faces the hefty tax bill.

The only disclosure by Treasurer Ben Wyatt today was that the one-off duty assessment related to a high-value commercial property transaction.

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BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
430thIndependence Group-7%0%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Share Transactions

18/09/17
$106k Bought
06/09/17
$13k Bought
03/07/17
$0 Other
Total value as at the date of the transaction
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Revenue

th-Independence Group$424.1m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Independence Group

39thPeter Bradford$1.313m
147thBrett Hartmann$676k
196thScott Steinkrug$592k
Ranked by total remuneration from all listed WA companies

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