Google AI
The Times Australia
The Times News

.

Times Media Advertising

Simon Birmingham to become finance minister and Senate leader as Australia nominates Cormann for OECD

  • Written by: The Conversation

Trade Minister Simon Birmingham, a leader of the Liberal moderates, will become Senate leader and finance minister following the imminent retirement of Mathias Cormann.

Prime Minister Scott Morrison announced Australia will nominate Cormann as its candidate for secretary general of the Organisation for Economic Co-operation and Development (OECD).

Read more: Politics with Michelle Grattan: a budget for a pandemic[1]

Cormann indicated in July he planned to leave parliament[2] late this year. He has been Finance Minister throughout the Coalition government and a central figure in the preparation of its seven budgets.

Morrison said Birmingham would be sworn in as finance minister at the end of the month when Cormann retired. He would continue as minister for trade, tourism and investment.

“I am not planning on making other ministerial changes at that time,” Morrison said.

But there will be a reshuffle at the end of the year. With the current COVID-19 restrictions on international travel, Birmingham will be able to juggle his trade and extra responsibilities for a time, and he has trade negotiations in train.

Employment Minister Michaelia Cash will become deputy Senate leader, a position Birmingham has held since 2018.

Birmingham has served in the Senate since 2007 and was education minister between 2015 and 2018.

Cormann, who came to Australia from Belgium in the 1990s, demonstrated his multilingual skills at a Thursday news conference with Morrison, giving short speeches in French and German.

His election to the OECD job is not certain, but Australia will campaign hard for him.

Morrison said this was “the most important Australian nomination for a major international body in decades”.

“Senator Cormann has already been an influential contributor in regional and global institutions, having attended every G20 Leaders’ meeting since 2014 and numerous G20 finance ministers, IMF and World Bank meetings over the period,” Morrison said.

“Over the last seven years, Senator Cormann has worked with many OECD leaders, and dozens of treasury, finance, and trade minister counterparts from developed and developing countries.”

Cormann will step down from the ministry and the Senate on October 30, before he is formally nominated for the OECD role. Nominations close at the end of October, with interviews and consultations beginning after that and an outcome expected in the first part of next year.

Read more https://theconversation.com/simon-birmingham-to-become-finance-minister-and-senate-leader-as-australia-nominates-cormann-for-oecd-147742

Times Magazine

How Australian Businesses Are Using AI To Cut Costs And Improve Efficiency

Artificial intelligence was once viewed by many small business owners as something futuristic, exp...

Quickest Way of Getting Rid of Your Old Cars in Brisbane?

If you are done searching for a practical solution for quickly getting rid of your old car, this w...

The Human Supplement Craze Has Officially Gone to the Dogs (Literally)

Australians’ appetite for supplements is no longer limited to their own vitamin cabinets. New reta...

AI Guilt: It’s Real — But it is irrational

Artificial intelligence is rapidly becoming one of the most powerful tools ever made available to ...

Australians Are Keeping Their Cars Longer — And It’s Changing The Market

Australia’s car market is undergoing a subtle but important transformation. People are keeping th...

Streaming Fatigue: Australians Overwhelmed By Subscriptions

Streaming was once supposed to simplify entertainment. Instead, many Australians now feel overwhe...

The Times Features

ASX Movements Since Labor’s Budget: What Investors Are …

Australia’s share market has spent recent weeks digesting the implications of Labor’s federal budg...

QLD Day

On Saturday 6 June, parkrun events across the state will be a sea of maroon, with communities  str...

NAGNATA: ‘FUTURE = FIBRE’ — Movement 21 at AFW 2026 …

Photography by Cesar OcampoOn Day 3 of Australian Fashion Week 2026, the energy at the runway shifte...

Flu Season in Australia: Why Health Authorities Are Tak…

As winter settles across Australia, so too does the annual flu season — a recurring health challen...

Smart Supermarket Shopping: The Money-Saving Hacks Aust…

Australians are becoming smarter supermarket shoppers. Rising grocery prices, higher mortgage rep...

Kmart’s Homewares Revolution: How a Discount Retailer B…

There was a time when many Australians viewed Kmart as the place to buy low-cost basics, school su...

“People Are Spending Less”: Small Businesses Feel Austr…

Sometimes the real state of the economy is not found in Treasury papers, Reserve Bank statements o...

The Arrival of Winter: More Than Just a Date on the Cal…

Winter arrives quietly in Australia. There is no dramatic wall of snow sweeping across the nation ...

The Blood Test That Could Change Colon Cancer Screening…

A simple blood test that may one day reduce the need for colonoscopies is generating enormous inte...