Portfolio Responsibilities

Assists the Treasurer in the development, implementation and administration of policies in the following areas:

Financial Markets

• Financial market conduct, disclosure investor protection and supervision issues (excluding prudential, monetary and foreign exchange policy) including the design, implementation and administration of legislation relating to markets, services and products; and
• Financial market linkages between Australia and overseas.

Corporate Governance

• Design of law and regulations for corporate governance, insolvency, accounting and audit regulation; and
• Administration of Australian Securities and Investments Commission and representation on MINCO.

Foreign Investment

• Dealing with individual cases, other than major and / or sensitive cases.

Competition and Consumer Policy

• Administration of Australian Competition and Consumer Commission and the Productivity Commission.
• Responsibility for implementation and administration of consumer policy and consultative arrangements with the States and industry bodies.

Other responsibilities

• Representational duties, correspondence and administrative matters in general Portfolio matters as referred by the Treasurer; and
• Australian Bureau of Statistics, Housing Loans Insurance Corporation; Royal Australian Mint; currency and coinage; and Office of Regulation Review.