June 3, 2019
The ALP’s new leader, Anthony Albanese, has announced his new shadow ministry, including the line-up of the key shadow Treasury ministers who will drive the Opposition’s financial services policy agendas.
Heading Labor’s Treasury team in Opposition will be its new Shadow Treasurer, Dr Jim Chalmers MP.
Dr Chalmers held the Shadow Finance Ministry portfolio prior to last month’s election, but has now taken the reins from former Shadow Treasurer, Chris Bowen MP, who has moved to the Shadow Health ministry.
Reporting to the Shadow Treasurer from the outer shadow ministry will be Stephen Jones MP, who has been appointed Shadow Assistant Treasurer and Shadow Minister for Financial Services.
Two additional assistant shadow ministers have also been appointed who will hold financial services portfolio responsibilities:
- Dr Andrew Leigh MP: Shadow Assistant Minister for Treasury
- Matt Thistlethwaite MP: Shadow Assistant Minister for Financial Services
It is unclear at present as to how the policy responsibilities will be divided between the Shadow Treasury portfolios, particularly in relation to the briefs that will be undertaken between Shadow Minister for Financial Services Jones and Shadow Assistant Minister for Financial Services Thistlethwaite.
Meanwhile, former Opposition Leader, Bill Shorten, has been appointed to a related portfolio, namely as Shadow Minister for the National Disability Insurance Scheme.