Finance Minister Mathias Cormann, one of the Federal Government's most senior voices, has announced he will leave politics in the coming months, making way for a Cabinet reshuffle before the end of the year.
Key points:
- Mathias Cormann will leave politics by the end of the year
- He has been Finance Minister since the Coalition came to power in 2013
- Senator Cormann has been the Coalition's chief Senate crossbench negotiator
Senator Cormann is one of the Coalition's most senior figures, leading the Government in the Senate as its chief negotiator in the Upper House.
The West Australian senator was elected in 2007. He has served as the nation's Finance Minister for seven years, under three Liberal prime ministers.
Senator Cormann confirmed he intended to resign within the next six months, but said he would remain in the job to finalise the Government's July economic statement and the federal budget, to be handed down in October.
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"I love this job. Every single day I am giving it my all," he said.
"I can honestly say that I have left nothing on the field.
"Having the opportunity to help shape the future direction of our country as part of a great team working to make our country even stronger, more prosperous and more resilient is a great honour.
"I will be doing my very best over the next six months as a member of the Morrison Government to ensure that our country is positioned as strongly as possible for the brightest possible future."
The Belgian-born 49-year-old became an Australian citizen in 2000 and was a ministerial chief of staff and senior adviser to the premier in the West Australian government before he moved into federal politics.
He joined the Senate in 2007 and was promoted to the Coalition's Opposition frontbench in 2008.
Cormann a consistent voice in Cabinet
Senator Cormann is the only Cabinet minister to hold the same portfolio he did when the Coalition entered government in 2013.
Speculation Senator Cormann was considering his future had circulated for some time, and in a statement today he confirmed he intended to resign within the next six months.
As a close friend of Home Affairs Minister Peter Dutton, he came under sustained criticism from former prime minister Malcolm Turnbull, after supporting Mr Dutton's push for leadership change in 2018.
Senator Cormann had a brief stint on the backbench during the leadership chaos, after he and fellow frontbenchers Micahelia Cash and Mitch Fifield withdrew their support for Mr Turnbull.
The press conference they gave was interpreted as a fatal blow to Mr Turnbull losing his job as Liberal leader.
Treasurer Josh Frydenberg wrote on Twitter that Senator Cormann had been "a tower of strength for the Coalition".
"As Australia's longest-serving finance minister, he's strengthened our economy, preparing it for the challenges we now face."
https://news.google.com/__i/rss/rd/articles/CBMiaWh0dHBzOi8vd3d3LmFiYy5uZXQuYXUvbmV3cy8yMDIwLTA3LTA1L2ZpbmFuY2UtbWluaXN0ZXItbWF0aGlhcy1jb3JtYW5uLXRvLXF1aXQtZmVkZXJhbC1wb2xpdGljcy8xMjQyMzUyMtIBJ2h0dHBzOi8vYW1wLmFiYy5uZXQuYXUvYXJ0aWNsZS8xMjQyMzUyMg?oc=5
2020-07-04 22:41:44Z
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