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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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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
thWestgold Resources0%0%
43rdOM Holdings288%14%
245thSaracen Mineral Holdings30%24%
297thGold Road Resources22%35%
457thIndependence Group-5%1%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

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
Source: Morningstar

Revenue

11th↑OM Holdings$474.3m
12th-Westgold Resources$438.5m
13th↓Independence Group$424.1m
14th↑Saracen Mineral Holdings$423.2m
15th↑Gold Road Resources$326.6m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Independence Group

37thPeter Bradford$1.313m
144thBrett Hartmann$676k
193rdScott Steinkrug$592k
Ranked by total remuneration from all listed WA companies

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