The October 2022 Budget was released by the Treasurer on Tuesday 25 October. The FSC team had two places in the Parliament House Budget lock-up and developed a comprehensive brief that was issued to members shortly after the Budget was released.

Financial services is emerging as a priority policy area for the new Government as it implements a range of election commitments early in its first term.

The Parliament resumed for its first sitting week and to begin work on the new Government’s ambitious reform agenda. Spanning climate change, industrial relations, aged and health care and the economy, the Government will not be short of challenges to manage over coming months.

Labor was successful in the recent Federal Election and has formed a new Government with a clear list of priorities for the financial services industry.  

In my first couple of months as CEO of the Financial Services Council I have sought to meet with as many FSC members as possible, to understand from their perspective what the FSC is doing well, and where we can improve.  

The FSC Board has appointed me CEO of the FSC and I look forward to the opportunity to lead the public policy debate and support FSC members navigate political and regulatory challenges.

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