In a statement to Parliament on Wed 19.3.2014, Federal Assistant Treasurer Senator Arthur Sinodinos said he would step aside while giving evidence before the NSW Independent Commission Against Corruption (ICAC) inquiry into Australia Water Holdings Pty Ltd. Senator Sinodinos said he did not want “this sideshow to be an unnecessary distraction to the important work of the Government … [and while] this process is underway, I will therefore be standing aside as Assistant Treasurer”. It is understood Federal Finance Minister Senator Mathias Cormann will take on the Assistant Treasurer duties, including pushing FoFA amendments through the Senate.

[LTN 54, 20/3/14]