Bill Shorten has been delivered a mega-portfolio by being elevated to Cabinet as Minister for Workplace Relations while retaining responsibility for both financial services and superannuation.
The move sees Shorten as one of the most powerful members of the Cabinet, although his responsibilities as Assistant Treasurer have been assumed by Mark Arbib.
Shorten’s responsibility for both workplace relations and superannuation will place added emphasis on next year’s review of the Fair Work Australia Act and will see him follow through on the implementation of the Future of Financial Advice (FOFA) reforms.
The Opposition said Shorten had been rewarded despite a year of failure.
