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Dividends to be paid by Wollongong Stock exchange
THE Wollongong Stock Exchange was a great example of what the Illawarra could achieve when its leaders worked together, Illawarra Business Chamber chief executive Mark Grimson said yesterday.
By boasting one of the few stock exchanges in Australia, the city had further enhanced its reputation as a centre for business, he said.
The idea for the Wollongong Stock Exchange (WSX) was first mooted by Wollongong Lord Mayor Alex Darling in late 2004 and the chamber quickly came on board for the initial approach to the Newcastle Stock Exchange (NSX).
Councillor Darling said the result was Wollongong now boasted something many Australian capitals and most regional centres didn’t.
Access Business Lawyers director Rod Cunich was elected chairman of the new WSX steering committee and Newhouse Chartered Accountants director Andrew Newhouse his deputy.
Source : http://www.illawarramercury.com.au/articles/2006/08/09/1154802962098.html