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1. Joe Hockey resigns with rumours he could be headed to Kim Beasley’s role.
As the Prime Minister, Malcolm Turnbull unveiled his new cabinet yesterday he also announced the retirement of former Treasurer Joe Hockey. The new Cabinet, larger than before with 21 – up from 19 Ministers – and including Australia’s first ever female defence minister, the first female cabinet minister within the Treasury portfolio and the first Indigenous MP to be a member of the Executive Council is being widely praised throughout today’s analysis.
But there is also talk that Mr Hockey’s next gig will be heading to Washington to replace Kim Beazley as Australia’s Ambassador to the United States.
The Prime Minister said yesterday that Mr Hockey had advised him that he would “not be seeking a place in the new ministry and it was his intention to resign from the Parliament in due course”.
“Joe has made a long and distinguished contribution to our nation’s government and Parliament over many, many years. For which I thank him,” Mr Turnbull said.
In a statement Mr Hockey said after that after having served for nearly twenty years as the Member for North Sydney and seventeen years on the frontbench, he advised the Prime Minister that he did not wish to continue as a minister in the Government and of his intention to resign from the House of Representatives.
“It has been a great honour to serve my local community as the second longest serving Member for North Sydney since Federation. It was a great privilege to serve on the front bench.”
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Jason Day, #1. Legend.