Scott Morrison announces mini cabinet reshuffle as Finance Minister retires
Scott Morrison has announced the nomination of retiring minister Mathias Cormann as OECD secretary general, prompting the Prime Minister to announce a cabinet reshuffle. HERE ARE THE NEW ROLES.
NSW
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Finance Minister Mathias Cormann will retire at the end of this month to nominate as secretary general of the OECD prompting a mini cabinet reshuffle.
The outgoing West Australian Senator will resign at the end of October, when the federal government will nominate him for the role heading up the major international economic body.
Trade and Tourism Minister Simon Birmingham will be sworn in as Finance Minister and assume the role of government leader in the senate.
Employment, Skill, Small and Family Business Minister Michaelia Cash will be promoted to deputy leader of the government in the senate.
Prime Minister Scott Morrison said Mr Birmingham would continue working on important trade issues including the EU and UK Free Trade Agreement, but flagged further changes to his ministry in December.
“At the end of this year, I’ll be making further announcements about any further changes to the ministry line-up at that time after parliament has risen at the end of this year,” he said.
Mr Morrison said the government would seek bipartisan support for their nomination of Mr Cormann to the OECD role to give him the greatest chance of securing the highly sought after position.
“We believe the OECD needs the sort of leadership that we think Australia and an Australian can provide,” he said.
“The OECD has played an incredibly important role on so many issues in which Australia has been a key participant.
“The base erosion in profit-shifting, the taxation of multi-nationals, all of these important international principles that govern and help drive our global economy.”