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  • Tue. Nov 5th, 2024

Finance Minister Mathias Cormann to quit politics

Finance Minister Mathias Cormann to quit politics

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 the Government’s 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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