Following the appointment of a new Prime Minister, Australia is also welcoming a new Federal Resources Minister.
Josh Frydenberg has been appointed as the new minister, replacing outgoing minister Ian Macfarlane.
Speaking on his new role, Frydenberg said, “I am humbled to be appointed Minister for Resources, Energy and Northern Australia by the Prime Minister, the Hon Malcolm Turnbull MP.”
“It is a great privilege to be able to serve in Prime Minister Turnbull’s Cabinet in this capacity.
“I look forward to working hard to ensure our nation has a productive and innovative resources and energy sector and a Northern Australia which fully capitalises on its enormous potential.”
The NSW Minerals Council congratulated the new minister.
“Incoming Minister Josh Frydenberg has done a tremendous job in the Assistant Treasury role, and we are looking forward to working with him to ensure our sector continues to make a big economic contribution to NSW and the nation. He will have to work hard in his new portfolio to match Ian’s commitment and legacy. I am sure that our new Minister recognises and understands this," NSW Minerals Council CEO Stephen Galilee said.
Commenting on his exit from the position, Macfarlane stated it was “an honour to serve as minister for industry and science for [the] past two years and previously as the minister for industry, tourism, and resources in the Howard Government”.
The Minerals Council of Australia thanked him for his “outstanding service to the industry and resources portfolio for nearly a decade”.
Galilee added: “The outgoing Minister Ian Macfarlane deserves the highest possible accolades for his service to our nation. He has been the longest serving Resources Minister in our nation's history, and the best, serving in the Howard and Abbott Governments in the portfolio. His stewardship of the portfolio over these two periods of government ensured the development and ongoing performance of our economy's most valuable export sector, and for this our nation owes him an enormous debt of gratitude.”