World News – AU – Mathias Cormann appointed Secretary General of the OECD


Australia to appoint outgoing Finance Minister Mathias Cormann as Secretary-General of the Organization for Economic Co-operation and Development

Senator Cormann has been finance minister for the past seven years, but announced in July that he would retire this year

The OECD is an international organization working to create policies that promote economic growth and seek to improve social and environmental challenges around the world

Prime Minister Scott Morrison on Thursday announced his government’s intention to nominate the Belgian-born senator to head the OECD when current Secretary-General Angel Gurria resigns

« We think the OECD needs the kind of leadership that we think Australia and an Australian can provide. And so I am announcing our intention to appoint Mathias Cormann, as Secretary General of the OECD » , he said

« Mathias’s seven-year experience as the longest-serving Minister of Finance, born in Belgium, Franco-German and Flemish to begin with, ideally prepares him for this stimulating role »

Senator Cormann said it was « a great honor » to be appointed to one of the most « consistent » governing bodies in the world


« These are great challenges and I accepted this nomination because I believe that I can make a real difference »

Trade Minister Simon Birmingham will take over the finance portfolio when Senator Cormann retires at the end of October

Senator Birmingham has been in Parliament since 2007 and currently holds the Trade, Tourism and Investments portfolio

Western Australian Senator Michaelia Cash to become new Deputy Head of Government in Senate

After the announcement, the Prime Minister asked a question about his government’s budget and the new wage subsidy measure to encourage companies to employ people under 35

Simultaneously with the press conference, Opposition Leader Anthony Albanese delivered the speech on his party’s women’s budget statement, claiming women have been ‘left behind’ and ‘forgotten’

He said the prolonged lack of support for childcare would hurt the economy and he would set out Labor’s position on it in his budget response speech on Thursday night

« Childcare is not a matter of well-being, it is an essential service which benefits the child, but which particularly benefits the economy and growth and benefits everyone , whatever our gender, « he said

On Thursday morning, Ministers Anne Rushton and Karen Andrews defended the measures for women in the budget

« I think there are a number of misstatements because… every measure in the budget is available to women, » said Senator Rushton

« Women can benefit from driving on new infrastructure and new roads, so to suggest that the budget does not focus on women is a mistake »


World News – AU – Mathias Cormann appointed Secretary General of the OECD



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