On 21 December 2014, the Prime Minister announced several changes to the Ministry. Following the resignation of Senator the Hon Arthur Sinodinos AO, Josh Frydenberg has been appointed as Assistant Treasurer.
The PM said he will be an important part of 2015 Budget preparations and will join the Expenditure Review Committee of Cabinet. The new Ministry was sworn in by the Governor-General on 23 December 2014.
[LTN 1, 5/1/15]