Business Minister: Business and Tim Reed

business minister: However, business groups are already concerned Mr Turnbull revamped ministry hasn't retained a small business minister inside cabinet, according to Nine News Australia. Mr Turnbull and his senior ministers have defended the change, saying everyone in government has a role to defend small business. Prime Minister Malcolm Turnbull expects his government will be judged on what it delivers over the next three years. But Australian Retailers Association head Russell Zimmerman believes omitting the position "does not augur well" given its important role within the economy and is a "step backwards". Tim Reed, the head of business software provider MYOB agreed, and hopes the decision doesn't represent a missed opportunity for the government to bring small business into the central innovation agenda. Consumer confidence has eased for a fourth straight week, a worry for household spending at a time when the Reserve Bank believes economic growth has moderated over the past three months. The resolution to the longest federal election in modern times has failed to lift the mood of the country. (news.financializer.com). As reported in the news.

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