NAB Private Now In Western Sydney
The bank has extended its private wealth arm to South West Sydney.
The bank has extended its private wealth arm to South West Sydney.
As a pointed, further announcement of the area’s elevation and reflection of the wealth being generated in Western Sydney, NAB has again shown its acute market connectivity and foresight with the recent opening of a new Private Wealth service in Liverpool.
Offering banking and investment specialists as well as wealth advisors, Kanebridge Financial Services Adviser Marwan Rahme, caught up with the branch’s Senior Private Client Manager, Ajith Kalliat Thazhath, to discuss the future, learn more of what’s on offer and the experience that comes with NAB’s alignment to JBWere.
KB: What does NAB Private offer a client over the day-to-day?
AKT: Apart from managing day-to-day banking efficiently, NAB Private Bank helps with planning the future, building wealth, managing the debt and protecting the wealth for the next generation. NAB Private Banking brings together the combined expertise of a banking specialist, investment specialist and wealth advisor. We have a dedicated private banker for a client who engages the required specialist at the right time and builds a long term relationship with the family. We also bring together the deep expertise of one of Australia’s leading wealth advisers in JBWere, which is owned by NAB. With over 180 years of experience, the JBWere wealth adviser offers world-class investment research, wealth and investment management advice and philanthropic services.
KB: Why is opening NAB private in Liverpool such a coup — what does it say about wealth generation in the area?
AKT: South Western Sydney, and Liverpool in particular, are witnessing a major transformation and growth. NAB plays an important part in the Liverpool community and has had a strong presence for many decades. With unprecedented growth comes the opportunity for creating wealth and securing the future for many high net worth families and individuals. NAB Private aims to help South Western Sydney and Liverpool enjoy the benefits of private banking.
KB: How would you describe the client base in regards to their professional pursuits?
AKT: NAB Private Banking client base comprises of Australia’s most forward thinkers, people who have made a difference in their areas of expertise.
KB: How do you view the western Sydney property market — and expectations regarding growth in the coming 3-5 years?
AKT: Western Sydney property market is booming and expectations are it will continue to grow due to the various growth programs in play by the Government. With the Aerotropolis coming in 2026, there is every likelihood of more professionals, c-suite executives working in the region triggering demand for property. Areas like Gledswood Hills and Sekisui’s Norman Estates have already transformed to cater for the demand.
NAB Private Wealth
1&2, 50 Macquarie Street, Liverpool NSW 2170; nabprivate.com.au or get in contact with Ajith via ajith.kalliatthazhath@nab.com.au
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An original watercolour illustration for the cover of Harry Potter and the Philosopher’s Stone, 1997 — the first book in J.K. Rowling’s hit series—could sell for US$600,000 at a Sotheby’s auction this summer.
The illustration is headlining a June 26 sale in New York that will also feature big-ticket items from the collection of the late Dr. Rodney P. Swantko, a surgeon and collector from Indiana, including manuscripts by poet Edgar Allan Poe and Arthur Conan Doyle, author of the Sherlock Holmes books
The Harry Potter illustration, which introduced the young wizard character to the world, is expected to sell for between US$400,000 to US$600,000, which would make it the highest-priced item ever sold related to the Harry Potter world. This is the second time the illustration has been sold, however—it was on the auction block at Sotheby’s in London in 2001, where it achieved £85,750 (US$107,316).
The artist of the illustration, Thomas Taylor, was 23 years old at the time and a graduate student working at a children’s bookshop. According to Sotheby’s, Taylor took a “professional commission from an unknown author to visualise a unique wizarding world,” Sotheby’s said in a news release. He depicted Harry Potter boarding the train to Hogwarts on platform9 ¾ platform, and the illustration became the “universal image” of the Harry Potter series, Sotheby’s said.
“It is exciting to see the painting that marks the very start of my career, decades later and as bright as ever! It takes me back to the experience of reading Harry Potter for the first time—one of the first people in the world to do so—and the process of creating what is now an iconic image,” Taylor said in the release.
Meanwhile, to commemorate the 175th anniversary of Edgar Allan Poe’s For Annie , 1849, Sotheby’s recently reunited the autographed manuscript of the poem with the author’s home, Poe Cottage, in the Bronx.
The cottage is where the author lived with his wife, Virginia, and mother-in-law, Maria Clemm, from 1846 until he died in 1849. The manuscript, also from the Swantko collection, will remain at the home until it is offered at auction at Sotheby’s on June 26 with an estimate between US$400,000 and US$600,000.
Poe Cottage, preserved and overseen by the Bronx County Historical Society, is home to many of the author’s famous works, including Eureka , 1948, and Annabel Lee , 1927.
“To reunite the For Annie manuscript with the Poe Cottage nearly two centuries after it was first composed brought to life literary history for a truly special and unique occasion,” Richard Austin , Sotheby’s Global Head of Books & Manuscripts, said in a news release.
For Annie was one of Poe’s most important compositions, and was addressed to Nancy “Annie” L. Richmond, one of the several women Poe pursued after his wife Viriginia’s death from tuberculosis in 1847.
In a letter to Richmond herself, Poe proclaimed For Annie was his best work: “I think the lines For Annie much the best I have ever written.”
The poem was composed in 1849, only months before Poe’s death, Sotheby’s said in the piece, Poe highlights the romantic comfort he feels from a woman named Annie while simultaneously grappling with the darkness of death, with lines like “And the fever called ‘living’ is conquered at last.”
In the margins of the manuscript are the original handwritten instructions by Nathaniel P. Willis, co-editor of the New York Home Journal, where Poe published other poems such as The Raven and submitted For Annie on April 20, 1849.
Willis added Poe’s name in the top right and instructions about printing and presenting the poem on the side. The poem was also published in the Boston Weekly that same month.
Another piece of literary history included in the Swantko sale could surpass US$1 million. Conan Doyle’s autographed manuscript of the Sherlock Holmes tale The Sign of Four , 1889, is estimated to achieve between US$800,000 and US$1.2 million.
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