Sherry retains ALP’s financial services brief

australian-financial-services/assistant-treasurer/

11 December 2006
| By Mike Taylor |
image
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

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 4 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

4 days 6 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

2 weeks ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo