Video: Assistant Treasurer & Minister for Financial Services

Dr Mulino presented the government’s forward agenda on productivity and financial services:

• Boosting Productivity Through Reform & Regulation - Leaders across sectors identified AI as a national priority and emphasized the need for fearless advice, smarter regulation, and efficient capital flow to drive long-term productivity, resilience, and sustainability.

• Empowering Consumers in Finance - Initiatives span advice accessibility, superannuation clarity, insurance affordability, scam prevention, and financial literacy—aiming to build a system that supports confident decision-making and inclusive prosperity.

• Harnessing AI for National Benefit - While AI introduces risks like scams and job disruption, it’s also a powerful enabler—cutting costs, improving services, and transforming industries. The focus is on capability-building, ethical governance, and ensuring Australians benefit from tech change.