Sherry retains ALP’s financial services brief

australian financial services assistant treasurer

11 December 2006
| By Mike Taylor |
image
image
expand image

Nick Sherry

The Federal Opposition has opted for continuity with respect to the Australian financial services industry, retaining Tasmanian Senator Nick Sherry as its spokesman on superannuation, intergenerational finance, banking and financial services.

The leader of the Opposition, Kevin Rudd, said Sherry would be part of the Australian Labor Party’s economic team, which now includes shadow treasurer Wayne Swan, assistant treasurer Chris Bowen, and shadow finance minister Lindsay Tanner.

Sherry’s reappointment to handle the broad financial services portfolio means that he has retained the role under no fewer than four opposition leaders — Kim Beazley, Mark Latham, Simon Crean and now Kevin Rudd.

The Opposition is expected to announce further details of its financial services policy next year.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 3 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 3 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 3 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 week 6 days ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

1 week 5 days ago

The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties....

1 week 4 days ago