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’...

2 months ago

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

2 months 3 weeks ago

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

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

5 days 18 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo