WINNERS
BOB CARR
High-profile former New South Wales premier and Labor statesman parachutes into the Senate and lands plum Foreign Affairs portfolio. His considerable gravitas will add greatly to Gillards team.
KATE LUNDY
ACT Senator elevated from parliamentary secretary to Ministry, landing Sport and
Multicultural Affairs. She will also help out the busy Greg Combet with the
industry and innovation portfolio.
DAVID BRADBURY
NSW right faction MP moves into ministry as Assistant Treasurer, replacing retiring
faction head Mark Arbib. Bradbury has strong economic credentials and his elevation is seen as a natural step from his role as parliamentary secretary to the treasurer.
BERNIE RIPOLL
Queensland MP and key Gillard loyalist moves from backbench to become the parliamentary secretary to the treasurer. Chaired the influential parliamentary
committee on financial services, overseeing superannuation reform.
SHARON BIRD
The former high school and TAFE teacher is born and bred in Wollongong, the electorate she represents. Well placed to tackle the Parliamenatry Secretary role of Higher Education and Skills portfolio.
BRENDAN OCONNOR
The Victorian MP finally joins Cabinet as Minister for Small Business and Minister for Housing and Homelessness. One of Gillards best mates in politics.
LOSERS
ROBERT McCLELLAND
The long-time frontbencher and former attorney general has been dumped from cabinet all the way to the backbench, after speaking out strongly against keeping
Julia Gillard as Labor leader.
KIM CARR
A hero to Labors blue-collar base, Kim Carr loses the manufacturing portfolio that is
dear to his heart. But he gains the Human Services portfolio, which in terms of ministerial status is a sideways shift.
THE FULL CABINET
Julia Gillard Prime Minister
Wayne Swan: Deputy Prime Minister, Treasurer
Chris Evans Tertiary Education, Skills, Science and Research Leader of the Government in the Senate
Stephen Conroy Broadband, Communications and the Digital Economy Minister Assisting the Prime Minister on Digital Productivity
Simon Crean Regional Australia, Regional Development and Local Government, Arts
Stephen Smith Defence, deputy leader of the House
Chris Bowen Immigration and Citizenship
Anthony Albanese Infrastructure and Transport, Leader of the House
Nicola Roxon Attorney-General, Emergency Management
Jenny Macklin Families, Community Services and Indigenous Affairs, Disability Reform
Bob Carr Foreign Affairs designate
Tony Burke Sustainability, Environment, Water, Population and Communities
Penny Wong Finance and Deregulation
Peter Garrett School Education, Early Childhood and Youth
Joe Ludwig Agriculture, Fisheries and Forestry, Minister Assisting on Queensland Flood Recovery
Martin Ferguson Resources and Energy, Tourism
Craig Emerson Trade and Competitiveness
Greg Combet Climate Change and Energy Efficiency, Industry and Innovation
Tanya Plibersek Health
Bill Shorten Employment and Workplace Relations, Financial Services and Superannuation
Mark Butler Mental Health and Ageing, Social Inclusion, Minister Assisting the
Prime Minister on Mental Health Reform
Brendan OConnor Housing, Homelessness, Small Business
Frequently Asked Questions about this Article…
What were the headline moves in the Gillard ministry reshuffle that everyday investors should know about?
The reshuffle saw several high-profile changes: Bob Carr parachuted into the Senate and was named Foreign Affairs designate; Kate Lundy was elevated to the Ministry (Sport and Multicultural Affairs) and will help Greg Combet with industry and innovation; David Bradbury became Assistant Treasurer replacing the retiring Mark Arbib; Bernie Ripoll moved to parliamentary secretary to the treasurer; Brendan O'Connor joined Cabinet as Minister for Small Business and Minister for Housing and Homelessness; Robert McClelland was demoted to the backbench; and Kim Carr lost the manufacturing portfolio but gained Human Services.
Who is now responsible for Australia’s treasury and budget after the Gillard reshuffle?
Wayne Swan remains Deputy Prime Minister and Treasurer. David Bradbury was elevated to Assistant Treasurer (replacing the retiring Mark Arbib), and Bernie Ripoll was appointed parliamentary secretary to the treasurer.
Which ministers now oversee financial services and superannuation policy?
Bill Shorten is listed with Financial Services and Superannuation among his responsibilities. Bernie Ripoll, who chaired the parliamentary committee on financial services overseeing superannuation reform, also became parliamentary secretary to the treasurer.
Which minister should investors in mining, resources and energy follow after the reshuffle?
Martin Ferguson was named Minister for Resources and Energy (and Tourism), so investors tracking the resources and energy sector should note his portfolio responsibility.
Who handles industry, innovation and climate/energy policy in the new ministry?
Greg Combet holds Climate Change and Energy Efficiency as well as Industry and Innovation. Kate Lundy was elevated to help out Greg Combet on the industry and innovation portfolio.
What changes affect small business, housing and homelessness policy that investors or small-business owners should note?
Brendan O'Connor joined Cabinet as Minister for Small Business and Minister for Housing and Homelessness, making him the key minister for small-business policy and housing-related issues following the reshuffle.
Who is responsible for Finance and Deregulation in the reshuffled Gillard ministry?
Penny Wong was named Minister for Finance and Deregulation in the reshuffled ministry.
Were there any notable demotions or portfolio losses highlighted in the reshuffle?
Yes. Robert McClelland, a long-time frontbencher and former attorney-general, was dumped from cabinet to the backbench. Kim Carr lost the manufacturing portfolio but gained the Human Services portfolio. Mark Arbib retired and was replaced as Assistant Treasurer by David Bradbury.
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