Senior Labor Minister Stephen Jones withdraws from politics and marks the fourth cabinet minister to stop.
Mr Jones, the assistant treasurer and Minister of Financial Services, announced on Thursday that he will not dispute his NSW seat of Whitlam in the upcoming federal elections and terminates his 15 years in parliament.
In a statement he expressed his 'immense gratitude' to his local community before thanked his staff and the Labor party.
“After 15 years and five elections, I announce that I will not be re -elected as a member of Whitlam,” he said.
'I want to express my enormous thanks to my community for faith and trust that they have placed in me to be their representative since 2010.
“I want to thank the members of the Australian Labor party, whose values ​​I am dear and have always tried to move forward in my role as a member of parliament, Minister of Parliament.”
Jones personally thanked the Prime Minister for 'his friendship and support for many decades' and said that he was 'proud' on the part he played in 'progressive marriage equality and gambling advertisements in my early years'.
'I am also proud of the work that we have done to guarantee the future of our steel industry, to rebuild Tafe and as an assistant treasurer, fighting scams, the protection of employees Superannuation, making financial advice more accessible and more affordable and consumer protection for All Australians for all Australians make for all Australians for all Australians for all Australians for all Australians for all Australians, “Mr Jones added.
Stephen Jones (photo), the assistant treasurer and Minister of Financial Services, announced on Thursday that he will not dispute his NSW seat of Whitlam in the upcoming federal elections, ending in parliament for 15 years
“This large community deserves a representative who will continue to fight for the things that matter-a well-funded Tafe system, a future for production, cheaper childcare, recovery from medicare, affordable housing and better infrastructure for our growing outskirts.”
He gave a passionate speech about his son Paddy in the debate about transgender children in February 2022 and told the House of Representatives that he feared the safety of his son.
'I am worried every time he leaves the house. I think to myself: “You look nice, but do you have to look like this?” He said.
“I know that the love and protection he enjoys with his mother and his friends and his family is very different from the reception he can receive in the outside world,” he said.
Treasurer Jim Chalmers paid tribute to his 'friend', who, according to him, had 'great ideas, makes great contributions and is a great colleague'.
“He will leave a proud inheritance as an assistant treasurer and minister of financial services, with advanced reforms to strengthen the Supermanation and financial systems of Australia, to modernize markets and improve the integrity of our tax system,” Mr. Chalmers said.
“He has given reforms that will enable more Australians to be dignity in particular and has made financial advice more accessible.
'Stephen defended and delivered consumer protection against robbery credits and has now better regulated buy, later providers pay.
Mr Jones' departure marks the fourth cabinet minister to announce their retirement this period (shown: Mr Jones with the prime minister)
'He played an important role in which he completed the reaction to the Banking Royal Commission and has led critical work to combat scams, including the introduction of historical legislation.
Mr Jones's departure marks the fourth cabinet minister to announce their retirement this period.
The prime minister has already lost the NDIS minister Bill Shorten, Minister of Indigenous Affairs Linda Burney and Minister of Skills and Training Brendan O'Connor.