DOCSLIB.ORG

APPENDIX 1 Delegation's Meetings

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
APPENDIX 1 Delegation's Meetings Parliamentary Joint Committee on Corporations and Financial Services Financial sector reform in China: the role of, and opportunities for, the Australian financial services sector Report of the Parliamentary Joint Committee on Corporations and Financial Services: Delegation to China June 2013 Commonwealth of Australia 2013 ISBN 978-1-74229-893-1 Printed by the Senate Printing Unit, Parliament House, Canberra ii Members of the Committee Ms Deborah O'Neill MP, Chair NSW ALP Senator Sue Boyce, Deputy Chair QLD LP Senator Mathias Cormann WA LP Senator Anne Urquhart TAS ALP Mr Paul Fletcher MP NSW LP The Hon. Alan Griffin MP VIC ALP The Hon. Tony Smith MP VIC LP Ms Laura Smyth MP VIC ALP MEMBERS OF THE DELEGATION The Hon. Alan Griffin MP, Delegation Leader Senator Sue Boyce Ms Laura Smyth MP Senator Anne Urquhart SECRETARIAT Dr Richard Grant, Acting Secretary Mr Alistair Cadman, Principal Research Officer Dr Patrick Hodder, Senior Research Officer Ms Madeleine Willis, Administrative Officer PO Box 6100 Parliament House Canberra ACT 2600 T: +61 2 6277 3583 F: +61 2 6277 5719 E: [email protected] W: www.aph.gov.au/joint_corporations iii Duties of the Committee Section 243 of the Australian Securities and Investments Commission Act 2001 sets out the Parliamentary Committee's duties as follows: (a) to inquire into, and report to both Houses on: (i) activities of ASIC or the Panel, or matters connected with such activities, to which, in the Parliamentary Committee's opinion, the Parliament's attention should be directed; or (ii) the operation of the corporations legislation (other than the excluded provisions), or of any other law of the Commonwealth, of a State or Territory or of a foreign country that appears to the Parliamentary Committee to affect significantly the operation of the corporations legislation (other than the excluded provisions); and (b) to examine each annual report that is prepared by a body established by this Act and of which a copy has been laid before a House, and to report to both Houses on matters that appear in, or arise out of, that annual report and to which, in the Parliamentary Committee's opinion, the Parliament's attention should be directed; and (c) to inquire into any question in connection with its duties that is referred to it by a House, and to report to that House on that question. v Table of Contents Members of the Committee ............................................................................... iii Duties of the Committee ..................................................................................... v Abbreviations ..................................................................................................... ix Chapter 1.............................................................................................................. 1 An overview of, and context for, the delegation's discussions .............................. 1 Introduction ............................................................................................................ 1 Delegation members ............................................................................................... 2 Acknowledgements ................................................................................................ 2 The context for the visit .......................................................................................... 2 The delegation's meetings....................................................................................... 8 The AustCham Beijing and Shanghai Financial Services Working Group ......... 10 Australian banks in China .................................................................................... 10 China's banking system ........................................................................................ 11 China's financial regulatory framework ............................................................... 14 The Financial and Economic Committee of the National People's Congress ...... 15 Chapter 2............................................................................................................ 17 The delegation's discussions on financial sector reform and market access .... 17 Key areas of interest ............................................................................................. 17 China's interest in Australia's experience of economic and financial reform ...... 18 China's approach to economic reform .................................................................. 19 Regulatory barriers facing Australian banks and fund managers in China .......... 25 Chinese investment in Australia ........................................................................... 29 Chapter 3............................................................................................................ 31 The delegation's views and recommendations ..................................................... 31 Setting out the issues, and the problems ............................................................... 32 Identifying the solutions, and the benefits ............................................................ 33 Selling the message in the right forum(s) ............................................................. 36 Concluding comment ............................................................................................ 37 Appendix 1: Delegation's meetings ................................................................. 39 Abbreviations APRA Australian Prudential Regulation Authority ASIC Australian Securities and Investments Commission BOC Bank of China CBC Central Bank of Taiwan CBRC China Banking Regulatory Commission CDB China Development Bank CIRC China Insurance Regulatory Commission CLERP Corporate Law Economic Reform Program CNAPS China National Advance Payments System CSRC China Securities Regulatory Commission FDI Foreign direct investment FIRB Foreign Investment Review Board FTA Free trade agreement GDP Gross domestic product GFC Global financial crisis ICRO International and Community Relations Office IPO Initial public offering MOFCOM Ministry of Commerce (China) NAB National Australia Bank NPC National People's Congress PBOC People's Bank of China PJC Parliamentary Joint Committee QDII Qualified Domestic Institutional Investor x QFII Qualified Foreign Institutional Investor RBA Reserve Bank of Australia REIT Real estate investment trust RMB Renminbi SAFE State Administration of Foreign Exchange SMEs Small- and medium-sized enterprises SOEs State-owned enterprises Chapter 1 The context for the delegation's discussions Throughout history, financial depth has been a crucial element of industrialisation and sustained high-growth periods for all economies, western and eastern … It is somewhat unusual that China's period of high economic growth hasn't occurred with an accompanying financial "revolution".1 Australia and China enjoy a very strong trade relationship … [A] strong trading relationship provides the basis for a strong financial relationship. As history shows, finance follows trade. As trade linkages increase, firms require an increasing array of financial services. And a strong trading relationship helps businesses in both countries identify and develop investment opportunities in the other.2 Introduction 1.1 This report details the visit of the Parliamentary Joint Committee on Corporations and Financial Services ('the committee') to Beijing and Shanghai from 5 May to 11 May 2013. The purpose of the visit was to improve the committee's understanding of the Australia–China relationship in financial services and, in particular, the opportunities that exist to strengthen these ties and to address areas of bilateral concern. 1.2 The committee's visit was part of the annual parliamentary committee visit to the People's Republic of China. The visit operates on an annual rotational basis between standing and joint parliamentary committees. Nominations were accepted from standing committees in 2012 and from joint committees in 2013. The visit is awarded through a competitive nomination process, with a decision made by the President of the Senate and the Speaker of the House of Representatives. 1.3 The committee was notified on 4 March 2013 that its nomination was successful. Committee members lodged expressions of interest to travel, and arrangements for the visit were made through the International and Community Relations Office (ICRO). The Department of Finance and Deregulation funded the visit. 1 Mr Mike Smith OBE, Chief Executive Office, ANZ Banking Group, 'Seizing Asian opportunity up to us', Weekend Australian, 13 April 2013, p. 31. 2 Dr Philip Lowe, Deputy Governor of the Reserve Bank of Australia, The Journey of Financial Reform, Address to the Australian Chamber of Commerce in Shanghai, Shanghai, 24 April 2013. http://www.rba.gov.au/speeches/2013/sp-dg-240413.html (accessed 17 May 2013). 2 Delegation members 1.4 The delegation was comprised of the following committee members: • the Hon. Alan Griffin MP (Delegation Leader); • Senator Sue Boyce (Deputy Chair of the Committee); • Ms Laura Smyth MP; and • Senator Anne Urquhart. 1.5 This was the Delegation Chair's fourth visit to China, having made two recent visits in August 2012 and March 2013. This was the first visit to China for the other three delegation members. Acknowledgements 1.6 Overseas visits by official parliamentary delegations are made possible through the efforts of many dedicated and capable people. The delegation extends its sincere thanks to the following people
Load more

Recommended publications
  • 2017 EABC Business Delegation to Canberra Mission Report
    2017 EABC Business Delegation to Canberra Parliament House, Canberra 24-25 October 2017 Mission Report Overview On Tuesday 24 and Wednesday 25 October 2017, a delegation of EABC Members visited Parliament House in Canberra to meet with members of the Federal Government and Opposition. The delegation provided opportunities for members to engage in direct dialogue on the broad economic and business agenda, as well as the preparations underway for launching negotiations for an Australia-EU FTA. Programme The delegation programme on Tuesday 24 October included roundtable discussions with the Hon Michael McCormack MP, Minister for Small Business and the Hon Darren Chester MP, Minister for Infrastructure and Transport; followed by a Cocktail Reception with Guests of Honour the Hon Barnaby Joyce MP, Deputy Prime Minister, Minister for Agriculture and Water Resources, Minister for Resources and Northern Australia; the Hon Keith Pitt MP, Assistant Minister for Trade, Tourism and Investment; the Hon Chris Bowen MP, Shadow Treasurer; and Senator the Hon Mathias Cormann, Minister for Finance and Deputy Leader of the Government in the Senate. The programme continued with a working dinner with ministerial guests including the Hon Kelly O’Dwyer MP, Minister for Revenue and Financial Services; the Hon Craig Laundy MP, Assistant Minister for Industry, Innovation and Science; and Justin Brown, Deputy Secretary, Department of Foreign Affairs and Trade. The programme on Wednesday 25 October included roundtable discussions with Tom Skladzien, Chief of Staff
    [Show full text]
  • 18 February 2015 the Hon Peter Dutton MP Minister for Immigration
    18 February 2015 The Hon Peter Dutton MP Minister for Immigration and Border Protection PO Box 6022 Parliament House Canberra ACT 2600 Dear Minister, I am writing to you out of a sense of frustration and as a last resort in relation to the Joint Review of Border Fees, Charges and Taxes (the Review) which was notified to industry on 7 September 2014. In relation to the Review, the Customs Brokers and Forwarders Council of Australia Inc. (CBFCA) represents its members who in the first instance, are the entities responsible for the payment of any costs, charges and/or taxes levied by the Australian Customs and Border Protection Service (ACBP) in its cost recovery arrangements or by the Department of Agriculture in fee for service delivery. The CBFCA provided a commentary to the Review which is led by the ACBP and has, on a variety of occasions, communicated to the ACBP on issues referenced in discussion papers and industry forums. Correspondence and e-mails to the project lead on particular aspects and concerns as to the Review have failed to elicit any return communication. Not only does this wall of silence not give effect to any appropriate consultation, it fails the key test in stakeholder engagement. There are significant impacts, not only on service providers to international trade logistics and supply chain management, but also to importers of record, and eventually the impact on end consumers as to these charges. Some of the key determinations in the Review also relate to the current public debate on the low value imports driven out of online international sales via e-commerce transactions.
    [Show full text]
  • A History of Misconduct: the Case for a Federal Icac
    MISCONDUCT IN POLITICS A HISTORY OF MISCONDUCT: THE CASE FOR A FEDERAL ICAC INDEPENDENT JO URNALISTS MICH AEL WES T A ND CALLUM F OOTE, COMMISSIONED B Y G ETUP 1 MISCONDUCT IN POLITICS MISCONDUCT IN RESOURCES, WATER AND LAND MANAGEMENT Page 5 MISCONDUCT RELATED TO UNDISCLOSED CONFLICTS OF INTEREST Page 8 POTENTIAL MISCONDUCT IN LOBBYING MISCONDUCT ACTIVITIES RELATED TO Page 11 INAPPROPRIATE USE OF TRANSPORT Page 13 POLITICAL DONATION SCANDALS Page 14 FOREIGN INFLUENCE ON THE POLITICAL PROCESS Page 16 ALLEGEDLY FRAUDULENT PRACTICES Page 17 CURRENT CORRUPTION WATCHDOG PROPOSALS Page 20 2 MISCONDUCT IN POLITICS FOREWORD: Trust in government has never been so low. This crisis in public confidence is driven by the widespread perception that politics is corrupt and politicians and public servants have failed to be held accountable. This report identifies the political scandals of the and other misuse of public money involving last six years and the failure of our elected leaders government grants. At the direction of a minister, to properly investigate this misconduct. public money was targeted at voters in marginal electorates just before a Federal Election, In 1984, customs officers discovered a teddy bear potentially affecting the course of government in in the luggage of Federal Government minister Australia. Mick Young and his wife. It had not been declared on the Minister’s customs declaration. Young This cheating on an industrial scale reflects a stepped aside as a minister while an investigation political culture which is evolving dangerously. into the “Paddington Bear Affair” took place. The weapons of the state are deployed against journalists reporting on politics, and whistleblowers That was during the prime ministership of Bob in the public service - while at the same time we Hawke.
    [Show full text]
  • Commonwealth of Australia
    Commonwealth of Australia Author Wanna, John Published 2019 Journal Title Australian Journal of Politics and History Version Accepted Manuscript (AM) DOI https://doi.org/10.1111/ajph.12576 Copyright Statement © 2019 School of History, Philosophy, Religion and Classics, School of Political Science and International Studies, University of Queensland and Wiley Publishing Asia Pty Ltd. This is the peer reviewed version of the following article: Commonwealth of Australia, Australian Journal of Politics and History, Volume 65, Issue 2, Pages 295-300, which has been published in final form at 10.1111/ajph.12576. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving Downloaded from http://hdl.handle.net/10072/388250 Griffith Research Online https://research-repository.griffith.edu.au Commonwealth of Australia John Wanna Turnbull’s Bizarre Departure, and a Return to Minority Government for the Morrison-led Coalition Just when political pundits thought federal parliament could not become even wackier than it had been in recent times, the inhabitants of Capital Hill continued to prove everyone wrong. Even serious journalists began referring to the national legislature metaphorically as the “monkey house” to encapsulate the farcical behaviour they were obliged to report. With Tony Abbott being pre-emptively ousted from the prime ministership by Malcolm Turnbull in 2015, Turnbull himself was, in turn, unceremoniously usurped in bizarre circumstances in August 2018, handing over the leadership to his slightly bemused Treasurer Scott Morrison. Suddenly, Australia was being branded as the notorious “coup capital of the Western democracies”, with five prime ministers in five years and only one losing the high office at a general election.
    [Show full text]
  • Lord Mayoral Minute Page 1
    THE CITY OF NEWCASTLE Lord Mayoral Minute Page 1 SUBJECT: LMM 28/05/19 - FEDERAL ELECTION RESULTS MOTION That City of Newcastle: 1 Acknowledges the re-election of the Prime Minister, the Hon. Scott Morrsion MP, and the Federal Liberal National Government, following the 18 May 2019 poll; 2 Notes new and returning Ministerial portfolio responsibilities for a number of Minister’s with responsibility for policy regarding local government, including new Minister for Regional Services, Decentralisation and Local Government, the Hon. Mark Coulton MP, Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development, the Hon. Michael McCormack MP and Minister for Population, Cities and Urban Infrastructure, the Hon. Alan Tudge MP; 3 Congratulates the following local Hunter Members of Parliament on their re-election: • Sharon Claydon MP, Federal Member for Newcastle • Pat Conroy MP, Federal Member for Shortland • Joel Fitzgibbon MP, Federal Member for Hunter • Meryl Swanson MP, Federal Member for Paterson 4 Commits to continuing our collaborative working relationship with the Federal Government and the Federal Labor Opposition for the benefit of the people of the City of Newcastle. BACKGROUND: Following the 2019 Federal election, the Morrison Liberal National Government has formed a majority government. Across Newcastle and the Hunter, all sitting Members of Parliament were returned to represent their communities in the nation’s Parliament. Australians have re-elected our Government to get back to work and get on with the job of delivering for all Australians as they go about their own lives, pursuing their goals and aspirations for themselves, their families and their communities.
    [Show full text]
  • Social Media Thought Leaders Updated for the 45Th Parliament 31 August 2016 This Barton Deakin Brief Lists
    Barton Deakin Brief: Social Media Thought Leaders Updated for the 45th Parliament 31 August 2016 This Barton Deakin Brief lists individuals and institutions on Twitter relevant to policy and political developments in the federal government domain. These institutions and individuals either break policy-political news or contribute in some form to “the conversation” at national level. Being on this list does not, of course, imply endorsement from Barton Deakin. This Brief is organised by categories that correspond generally to portfolio areas, followed by categories such as media, industry groups and political/policy commentators. This is a “living” document, and will be amended online to ensure ongoing relevance. We recognise that we will have missed relevant entities, so suggestions for inclusions are welcome, and will be assessed for suitability. How to use: If you are a Twitter user, you can either click on the link to take you to the author’s Twitter page (where you can choose to Follow), or if you would like to follow multiple people in a category you can click on the category “List”, and then click “Subscribe” to import that list as a whole. If you are not a Twitter user, you can still observe an author’s Tweets by simply clicking the link on this page. To jump a particular List, click the link in the Table of Contents. Barton Deakin Pty. Ltd. Suite 17, Level 2, 16 National Cct, Barton, ACT, 2600. T: +61 2 6108 4535 www.bartondeakin.com ACN 140 067 287. An STW Group Company. SYDNEY/MELBOURNE/CANBERRA/BRISBANE/PERTH/WELLINGTON/HOBART/DARWIN
    [Show full text]
  • Hon. Wendy Duncan
    PARLIAMENTARY HISTORY ADVISORY COMMITTEE AND STATE LIBRARY OF WESTERN AUSTRALIA Transcript of an interview with Hon. Wendy Duncan b. 1954 - STATE LIBRARY OF WESTERN AUSTRALIA - ORAL HISTORY COLLECTION DATE OF INTERVIEW: 2017-2019 INTERVIEWER: ANNE YARDLEY TRANSCRIBER: HANSARDS – PARLIAMENT OF WESTERN AUSTRALIA. DURATION: 16 hours REFERENCE NUMBER: OH4338 COPYRIGHT: Parliament of Western Australia and the State Library of Western Australia. NOTE TO READER Readers of this oral history memoir should bear in mind that it is a verbatim transcript of the spoken word and reflects the informal, conversational style that is inherent in such historical sources. The Parliament and the State Library are not responsible for the factual accuracy of the memoir, nor for the views expressed therein; these are for the reader to judge. Bold type face indicates a difference between transcript and recording, as a result of corrections made to the transcript only, usually at the request of the person interviewed. FULL CAPITALS in the text indicate a word or words emphasised by the person interviewed. Square brackets [ ] are used for insertions not in the original tape. DUNCAN INTERVIEW CONTENTS Introduction 1 - 2 Interview - 1 3 - 21 Family history. Menangina Station. Aboriginal playmates and workers. Childhood memories and activities. Traditional Aboriginal lifestyle. Farm work when child. Schooling by mother, school of the air Kalgoorlie. Christmas play. Family interest in politics. Non-judgemental attitude. Interaction with Aboriginals. Father’s knowledge of Aboriginal language and customs. Skills and diets of Aboriginals. Boarding school. Religion. Rotary exchange to South Africa. Shock of apartheid. Appreciation of Australian democracy. Involvement in Evangelical group.
    [Show full text]
  • Submission to the Senate Select Committee Into the Political Influence of Donations
    Submission to the Senate Select Committee into the Political Influence of Donations Dr Charles Livingstone & Ms Maggie Johnson Gambling and Social Determinants Unit School of Public Health and Preventive Medicine Monash University 9 October 2017 1 Introduction Gambling in Australia is a prime cause of avoidable harm, with the harms of gambling estimated to be of the same order of magnitude as alcohol, and far higher than that associated with illicit drug consumption. (Browne et al, 2016; 2017). The gambling industry is a major donor to Australian political parties and politicians and appears to hold considerable cachet with many political actors, at both federal and state level. In this, it appears to be similar to other industries that produce harmful products, such as alcohol and tobacco. Its purpose in donating to political parties and politicians is similar; it seeks to deny the harmful effects of its products, delay or wind back reform, avoid effective regulation, and continue to extract profits for as long as possible. a) The level of influence that political donations exert over the public policy decisions of political parties, Members of Parliament and Government administration; The Australian gambling industry has utilised political donations as a mechanism to exert considerable influence over relevant public policy. This has been facilitated by the current donations regime, which has numerous flaws from the perspective of transparency and support for policy that acts in the genuine interest of the public. The industry is both significantly resourced and politically organised, and has actively sought opportunities for political engagement via donations to politicians and political parties.
    [Show full text]
  • 130917 New Government Insights
    Investor Relations. Corporate Communication NEW GOVERNMENT INSIGHTS OVERVIEW Tomorrow, the first Abbott Cabinet will be sworn in by Former Prime Minister Paul Keating rightly once said the Governor-General. While there are a few new faces, that when you change the government, you change the it is largely the same Shadow Cabinet which has been country. As much as governments may carry in place for the past three years, bringing to an end characteristics of those which have gone before them, what has seemed like the longest election campaign in each has its unique style, challenges and agenda. our nation’s history. On election night Tony Abbott told a television Though the September 7 election result delivered a audience that Australia was once again ‘open for solid victory for the Coalition, it was not the predicted business’ and smaller government and economic growth bloodbath that would have seen Tony Abbott secure a would be at the forefront of the first term policy majority in the Senate. The Coalition recorded a agenda. national swing of 3.5 per cent against Labor and is MAGNUS has summarised the key information for you currently forecast to win 90 seats in the House of and your business, to ensure you are on a positive Representatives to Labor’s 55 seats. The Coalition made footing to start building a relationship with the new significant gains in Tasmania and Victoria, but the administration. predicted sweep of seats in Western Sydney and Queensland failed to materialise. Regardless, the election of a majority government delivers greater political certainty.
    [Show full text]
  • Treasurer Press Release
    THE HON JOSH FRYDENBERG MP Treasurer SENATOR THE HON MATHIAS CORMANN Minister for Finance MEDIA RELEASE 23 July 2020 ECONOMIC AND FISCAL UPDATE The Economic and Fiscal Update released today shows the impact of the COVID-19 pandemic on our nation’s finances as well as the scale of the support that has been provided to prepare our health system and cushion the blow for millions of households and businesses. The Government has acted swiftly and decisively to provide economic support for workers, households and businesses of around $289 billion or the equivalent of 14.6 per cent of GDP. This necessary and unprecedented level of economic support, coupled with declines in taxation receipts of $31.7 billion in 2019-20 and $63.9 billion in 2020-21, has significantly impacted the budget position. Payments variations, including in demand driven programs, also increased by $15.7 billion, predominantly as a result of the impact of the COVID-19 pandemic on the economy. The underlying cash balance is forecast to decrease from balance in 2018-19 to a $85.8 billion deficit in 2019-20 and a $184.5 billion deficit in 2020-21. Through the Government’s strong fiscal management, Australia entered the COVID-19 crisis in a position of economic and fiscal strength. We returned the budget to balance for the first time in 11 years which underpinned the capacity to respond to this unprecedented shock. Our fiscal support is targeted, timely and temporary to ensure that it does not undermine the structural integrity of the Budget with all three major credit ratings agencies having now reaffirmed Australia’s AAA credit rating during the pandemic.
    [Show full text]
  • About Mathias Cormann Recent Roles Previous Professional Experience Qualifications
    About Mathias Cormann Mathias Cormann was until recently Australia’s longest-serving Finance Minister and Leader of the Government in the Australian Senate. An experienced political leader with strong economic credentials, Mathias has delivered Australia’s annual Federal Budgets since 2013. In this role, he has led complex negotiations with a broad spectrum of political parties. Born in Belgium, Mathias Cormann migrated to Australia in 1996. Mathias would bring a distinctive perspective to the Secretary- General role, having spent half of his life in Europe and half in the Asia-Pacific. His experience gives him rare insights into the cultures, economic strengths and political dynamics of both regions. Mathias is a strong advocate for the positive power of open markets and free trade and the importance of rules based global economic governance. He has represented Australia in the OECD, G20, APEC, ASEAN and the World Economic Forum. In 2018, Mathias was awarded the Grand Cross with Star and Sash of the Order of Merit of the Federal Republic of Germany, for his work in advancing German-Australian relations. From August 2018 to May 2019, Mathias served as Minister for the Public Service. In this role, he led initiatives to modernise and reform Australia’s public sector, with a focus on achieving higher levels of transparency, efficiency and good governance. Mathias is married to Hayley and they have two young daughters, Isabelle and Charlotte. R e c e n t r o l e s Minister for Finance - 2013-2020 Leader of the Australian Government in
    [Show full text]
  • Third Morrison Ministry
    Third Morrison Ministry Title Minister Prime Minister The Hon Scott Morrison MP Minister for the Public Service The Hon Scott Morrison MP Minister for Women Senator the Hon Marise Payne Minister Assisting the Prime Minister for the Public Service and Cabinet The Hon Greg Hunt MP Minister for Indigenous Australians The Hon Ken Wyatt AM MP Assistant Minister to the Prime Minister and Cabinet Mr Ben Morton MP Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development The Hon Michael McCormack MP Minister for Agriculture, Drought and Emergency Management The Hon David Littleproud MP Minister for Communications, Cyber Safety and the Arts The Hon Paul Fletcher MP Minister for Population, Cities and Urban Infrastructure The Hon Alan Tudge MP Minister for Regional Health, Regional Communications and Local Government The Hon Mark Coulton MP Minister for Decentralisation and Regional Education The Hon Andrew Gee MP Assistant Minister for Road Safety and Freight Transport The Hon Scott Buchholz MP Assistant Minister to the Deputy Prime Minister Kevin Hogan MP Assistant Minister for Regional Development and Territories The Hon Nola Marino MP Treasurer The Hon Josh Frydenberg MP Minister for Population, Cities and Urban Infrastructure The Hon Alan Tudge MP Assistant Treasurer The Hon Michael Sukkar MP Minister for Housing The Hon Michael Sukkar MP Assistant Minister for Superannuation, Financial Services and Financial Technology Senator the Hon Jane Hume Minister for Finance Senator the Hon Mathias Cormann (Vice-President
    [Show full text]