O’Dwyer gains from Cabinet reshuffle
Kelly O'Dwyer has emerged as one of the winners from the latest Federal Cabinet reshuffle.
The Prime Minister, Malcolm Turnbull announced that as well as retaining her role as Minister for Revenue and Financial Services, O’Dwyer would also be Minister for Women – a role previously held by Micheala Cash who now becomes the Minister for Jobs and Innovation.
Importantly for O’Dwyer, her additional ministerial responsibilities were amongst the first mentioned by Turnbull in announcing the changed Cabinet arrangements.
However the Revenue and Financial Services role remains in the outer Cabinet and under the broad umbrella provided the Treasury.
Recommended for you
Financial services firm Iress has appointed Andrew Russell as group chief executive and managing director, taking over from Marcus Price.
Amid regulatory simplification, ASIC has outlined its efforts in making regulation clearer and accessible, as well as unveiled a roadmap for financial advisers on their obligations.
As advisers attempt to tackle mounting operational costs and achieve greater efficiency, the FY25 reporting season has revealed a growing focus on managed accounts among major firms.
Wrapping up the reporting season for the 2024–25 financial year, Money Management rounds up the results of Australia’s listed platforms.
