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PM reshuffles cabinet, small business maintains seat at cabinet table

PM reshuffles cabinet, small business maintains seat at cabinet table

Prime Minister Scott Morrison has appointed a new minister responsible for the oversight of financial services, with Michaelia Cash maintaining her seat at the helm of the small business ministry.

  • Maja Garaca Djurdjevic
  • May 27, 2019
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The Prime Minister has announced his new ministry cabinet, with notable changes to several ministries, including the appointment of a new Assistant Treasurer.    

Former assistant treasurer Stuart Robert has been promoted to cabinet as Services Minister, with Michael Sukkar filling his spot and heading the Ministry for Housing.

Jane Hume is taking the role of Assistant Minister for Superannuation, Financial Services and Financial Technology.

Among the ministers that have retained their portfolios are Treasurer Josh Frydenberg, Minister for Finance Mathias Cormann, Assistant Minister for Finance Zed Seselja, and Minister for Small and Family Business, Skills and Vocational Education Michaelia Cash.

In announcing his cabinet, the PM said his government will focus on creating 1.25 million more jobs over the next five years and on delivering tax relief for families and small businesses.

Government to be given a chance

“The government has to be given a chance,” said the CEO of the Institute of Public Accountants, Andrew Conway, on Monday.

“Irrespective of who was elected on the 18th of May, our position was that whoever is elected has to be given the opportunity to govern,” said Mr Conway.

“We as the community have to give the government the capacity to think and to have a conversation, and prosecute a case for change.”

He urged the new lineup to hold a small business summit within the next six months and asked Mr Morrison to form and chair a small business advisory council.

“We need to have a genuine policy conversation around why small business is so important,” explained Mr Conway.

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