O’Dwyer retains portfolio, with name change
The Prime Minister, Malcolm Turnbull, has sought to maintain continuity within the Treasury portfolio, but Kelly O'Dwyer will in future be known as the Minister for Revenue and Financial Services rather than as Assistant Treasurer.
O'Dwyer has lost carriage of Small Business — a portfolio responsibility which would be transferred to NSW National Party member, Michael McCormack.
Announcing the new Cabinet in Canberra this afternoon, Turnbull sought to stress the continuity which flowed from existing members being put in place.
However when questioned on O'Dwyer's role and the differences swirling around the Government's Budget superannuation changes, the Prime Minister said she had a big challenge in front of her.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.
