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Moore Stephens Australia adds Nexia Melbourne member

Moore Stephens Australia is to add Nexia Melbourne to its network in the coming months.

The new addition will be the Moore Stephens' only representative in the state after the former Melbourne-based firm defected to Chinese accounting network ShineWing last year.

Nexia Melbourne, which will be trading as Moore Stephens (Vic) Pty, has 16 directors, 100 staff and annual revenue of A$20 million.

Nexia Melbourne chief executive Steve Sakkas said for the moment it was "business as usual for the Nexia Melbourne office" with no changes to the firm's servicing of its clients or management of its staff.

He said: "While we have signed the membership agreement, the timing of becoming Moore Stephens' Melbourne representative is yet to be finalised."

The move comes after Moore Stephens Sydney announced it will leave the network and merge with Baker Tilly Australian member Pitcher Partners, effective 31 October 2015.

Moore Stephens International ranked 10th with fee income of A$119.8m in last year's International Accounting Bulletin Australia survey.





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