CANBERRA, ACT, May 12 -- The Treasurer of Australia issued the following media release:

I'm grateful to the Prime Minister for the opportunity to continue to serve as Australia's Treasurer.

I'm especially pleased to lead a really high‑calibre economic team alongside the re‑appointed Finance MinisterKatyGallagher.

I'm looking forward to working closely with DanielMulino as the new Assistant Treasurer and Minister for Financial Services.

AnneAly will be an outstanding new Minister for Small Business, International Development and Multicultural Affairs.

AndrewLeigh will continue to do a terrific job in an expanded role as Minister for Productivity, Competition, Charities and Treasury.

We've got a big agenda on housing and I'm...