Our weekly appointments wrap includes Noral Wild, Peter Sadler, Lawrence Kenyon, Luke Westell, Anthony Mori, Merle Ashburton, Christopher Conyers and Alexis Fortune.
Australia's competition watchdog has raised concerns about the proposed merger of insurance brokers Aon and Willis Towers Watson, which are two of the big three players in the market.
Our weekly appointments wrap includes Rebecca Adam, Jennifer McGrath, Samantha Maddern, Tom Tolchard, Sharon Fox-Slater, Anthony Boyd, Rod Fehring, Antony Beckmand, Robert Mencel, Grant Dyker, Jeremy Sinclair and Nick Cater.
Western Australia-based Mair Property Funds has bought a West Perth property and an office in Victoria, for $10.6 million and $13.9 million respectively.
Insurance broker Gallagher has recently completed two bolt-on acquisitions in Perth as the sector readies for a merger of two of the largest global players.
Alan Bishop has spent 40 years building insurance broker EBM into a national player and worked through many business cycles over that time, but arguably none as tough as the current conditions in Western Australia.
Australian Reliance has become the third major insurance broker in Western Australia to change hands in the space of five months, with newly listed company PSC Insurance Group agreeing to buy the Perth-based group.
Strathearn Insurance Brokers has become the second big player in the sector to change hands this year, after US-based Arthur J Gallagher acquired the Perth firm for an estimated $60 million.
Perth now has the highest vacancy rate of any office market across capital cities in Australia, according to fresh research by JLL, with 16.6 per cent of commercial space in the CBD sitting empty.
Insurance broker EBM has appointed a new leadership team and announced the retirement of long-standing managing director Jeff Adams at the end of this year.
The Federal Government's controversial Financial Services Reform regime has created extra costs and extra paperwork for the industry. Mark Beyer reports.
