Image
Daniel Mulino 2025
The Hon Dr Daniel Mulino MP
Assistant Treasurer, Minister for Financial Services
Portrait (media)
Header image
Start date
Position
Assistant Treasurer, Minister for Financial Services
Statement on ASIC action against Macquarie for Shield investors
Date
The Albanese Government welcomes today’s announcement by the Australian Securities and Investments Commission (ASIC) regarding its action against Macquarie Investment Management Ltd, which will see thousands of Australians receive 100 per cent of the net cash they invested in the Shield Master Fund.
Consulting on laws for an innovative digital asset industry and consumer protections
Date
The Albanese Government is taking the next step in developing a fit‑for‑purpose digital asset regime to help build a more dynamic and competitive economy in Australia.
Today we are opening consultation on draft legislation to regulate operators of platforms that hold digital assets like crypto on behalf of Australians.
Draft legislation on banning the use of adverse genetic testing results in life insurance
Date
The Albanese Government is taking the next important step to ban the use of adverse genetic test results in life insurance underwriting.
Today we are releasing a draft of the proposed legislation for comment.
Reforms to modernise Australia’s payments system pass the Senate
Date
The Albanese Labor Government has today passed the Treasury Laws Amendment (Payments System Modernisation) Bill 2025 through the Senate, to make sure Australia’s payments system delivers for our modern economy.
These changes will modernise our payments system and help make our economy more productive.
Consultation on reforms to the retirement phase of superannuation
Date
The government is taking the next step in reforming and improving the retirement phase of superannuation to help deliver a more dignified retirement for more Australians.
Today we are releasing 2 consultation papers on 2 key planks of our retirement phase reforms to help ensure Australians have the choice, guidance and products they need to make the most of retirement.
Consultation on options to apply a special levy in relation to the CSLR
Date
The Compensation Scheme of Last Resort (CSLR) pays compensation to claimants where an eligible determination issued by the Australian Financial Complaints Authority (AFCA) remains unpaid.
On 4 July 2025, the CSLR operator notified me that the estimated claims costs relating to personal advice in 2025-26 were $67.3 million.
Consulting on sustainable investment labels
Date
Today the Albanese Labor Government is starting consultation on sustainable investment product labelling, to give investors more confidence to put more capital to work in sustainable products.
The release of this paper is a key step in implementing the Government’s Sustainable Finance Roadmap.
Biography
Daniel Mulino is the Assistant Treasurer and Minister for Financial Services.
He has been the Member for Fraser since 2019. Born in Italy, Daniel is passionate about Fraser’s harmonious multicultural community and is honoured to represent this wonderful part of Melbourne’s west in the Australian Parliament.
Between 2022 and 2025, Daniel chaired the House of Representatives Standing Committee on Economics.
Daniel is an economist by training, with a PhD from Yale University and he has lectured at Monash University.