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Mark Carnegie

The next financial services minister must be a crypto advocate

The next government can either join the US, UAE and Hong Kong in shaping the next generation of financial infrastructure or consign us to the role of passive consumer in a system built by others.

The future of Australian finance hangs in the balance as Prime Minister Anthony Albanese returns to Canberra and the jockeying to fill his new front bench begins.

Australia is at a crossroads. While others charge ahead, shaping the future of finance, we’re falling further behind. The next government can either join the US, UAE and Hong Kong in shaping the next generation of financial infrastructure or consign us to the role of passive consumer in a system built by others.

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Mark Carnegie is founding partner of alternative asset manager M.H. Carnegie & Co.

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    Original URL: https://www.afr.com/companies/financial-services/the-next-financial-services-minister-must-be-a-crypto-advocate-20250508-p5lxke