Australian households are shelling out more than $90 per month just to cover costs associated with what is an excessive and unfair burden associated with stamp duty on the cost of housing purchases, a leading industry group says.

In its latest report, the Housing Industry Association said that during 2016, the average burden associated with stamp duty upon residential property purchases for a non-first-home buyer owner-occupier amounted to $17,811 – equivalent to 3.6 per cent of the cost of purchasing a home and almost four months’ worth of…