Mathias Cormann to quit politics as finance minister chooses not to recontest next election

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Mathias Cormann to quit politics as finance minister chooses not to recontest next election

'I left nothing on the field': Finance Minister Mathias Cormann announces he will QUIT politicsFinance minister Mathias Cormann announ

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‘I left nothing on the field’: Finance Minister Mathias Cormann announces he will QUIT politics

  • Finance minister Mathias Cormann announces he will quit politics 
  • Mr Cormann is one of prime minister Scott Morrison’s most senior ministers 

Finance minister Mathias Cormann has announced he will step down from politics at the end of the year. 

Mr Cormann was appointed the role under Tony Abbott’s government in 2013 and maintained his position under prime minister Scott Morrison. 

‘Having decided not to recontest the next election, I can confirm that I have advised the prime minister that the end of this year would be an appropriate time for an orderly transition in my portfolio,’ he said in a statement.

‘Before handing over the baton, there is another six months or so of hard work to be done in this job, to help manage a responsible transition out of this coronavirus induced crisis and to help finalise and set in train our five-year plan to maximise the strength of our economic and jobs recovery.’

More to come 

One of Scott Morrison 's most senior ministers, Mathias Cormann, won't recontest the next election and will step down from cabinet at the end of the year

One of Scott Morrison ‘s most senior ministers, Mathias Cormann, won’t recontest the next election and will step down from cabinet at the end of the year

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