'Monster' stamp duty tax should be slain
![Current stamp duty in Sydney for the average house is about $51,000.](http://web.archive.org./web/20171024121257im_/http://www.afr.com/content/dam/images/g/w/a/s/c/x/image.related.afrIndexLead.460x260.gz7167.gshfrb.png/1508842882457.jpg)
The property industry says stamp duty is a "monster" tax that traps people in homes and backs a recommendation to shift to a land tax.
The property industry says stamp duty is a "monster" tax that traps people in homes and backs a recommendation to shift to a land tax.
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Outgoing Myer chairman Paul McClintock accuses Solomon Lew of trying to get control of Australia's Myer on the cheap.
ASIC and the banks it has taken to court over interest rate rigging may ask for more time to finalise multi-million dollar settlements.
The efforts of Australia's biggest coal miner to keep tabs on its big IR dispute in Queensland have earned it a damaging censure from the workplace umpire.
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Staff at the big four banks have been seconded to AUSTRAC to get anti-money laundering intelligence.
Bega Cheese is likely going down to the wire in a bid for Murray Goulburn but shareholders were silent on the sales process at the company's AGM.
Crop protection group Nufarm has put its foot down on an ambitious growth strategy.
Coca-Cola Amatil is bracing for further weakness in beverage sales after increasing prices by almost 15¢ from next week.
Real Pet Food Co aims to become one of the world's top five pet food companies from No.15 now as cashed-up Chinese backers eye the US and China.
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New York has opened an inquiry into whether sexual misconduct allegations against Harvey Weinstein reflect broad civil rights violations at his firm.
Joshua Wong and Nathan Law, who were jailed for actions during the city's large-scale pro-democracy protests in 2014, have been released from prison.
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Cosmopolitan cities, deserts, ski resorts and World Heritage sites are all to be found in this land of stunning beauty and cultural quirks.
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