From financialnewswire.com.au: Daniel Mulino, an ACT Labor backbencher with a strong background in economics, is a front-runner to succeed Stephen Jones as Minister for Financial Services after the upcoming Federal Election.

Mulino previously served as a member of the Victorian Legislative Council and has experience as both an economic adviser and the chairman of the House of Representatives Standing Committee on Economics.

Despite his qualifications, some industry observers were surprised he was not appointed to the portfolio in 2022, as he is relatively well-known in the financial services sector.