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Albanese's 'brainiac' economic team signals second-term approach

The elevation of Daniel Mulino and Andrew Charlton is giving policy watchers renewed confidence that economic reform is on the cards.

Canberra circles are talking about economic reform once again. Shutterstock.

Prime Minister Anthony Albanese is laying the groundwork for a major economic reform agenda, with this week's cabinet reshuffle elevating a cohort of ministers with strong academic and policy credentials in economics.

Newly appointed Assistant Treasurer and Minister for Finance Services Daniel Mulino holds a PhD in economics from Yale, while Andrew Charlton — now cabinet secretary and assistant minister for science, technology and the digital economy — holds a PhD from Oxford.

The appointments are being read by economists and policy insiders as indicative of an appetite for reform in Labor’s second term.

Centre for Policy Development CEO Andrew Hudson told Capital Brief he’s confident Mulino “will bring real value to the role”, describing him as a “thoughtful economic policymaker with deep expertise”.