Senator The Hon Mathias Cormann has been Australia’s finance minister since September 2013. In a speech to The Sydney Institute on Wednesday 23 August 2017, Senator Cormann attacked the populist notion that higher taxes and redistribution of income can produce good economic outcomes. Pinning this approach on Opposition leader Bill Shorten, Senator Cormann said, “You…

Senator The Hon Mathias Cormann, Australia’s Minister for Finance in the Abbott and Turnbull Governments, has been one of the standout successes of the Turnbull Abbott period of Australian government. However, Budget repair remains a challenge for the government especially with a hostile Senate. On Monday 22 August 2016, Mathias Cormann addressed The Sydney Institute…

In the political upheaval that saw The Hon Tony Abbott replaced as PM by The Hon Malcolm Turnbull, Australia’s Minister for Finance, Senator The Hon Mathias Cormann, was a survivor. Mathias Cormann is a senator from Western Australia. On Monday, 28 September 2015, Mathias Cormann addressed The Sydney Institute to outline the progress made under…

As Finance Minister in the Abbott Government, Senator The Hon Mathias Cormann has played a key role in the Budgetary reform process. With protracted negotiations in the wake of the 2014 Budget, Cormann has resisted commentary proposing a mini Budget and said the Budget process is a “marathon not a sprint”. He argues that the…