In a move to revitalise the Financial Sector Advisory Council (FSAC) and to provide greater insight into financial issues, Federal Treasurer Wayne Swan has appointed several new members to the council, including GE Australia and New Zealand chief executive Steve Sargent.
Mr Swan said that revitalisation of the council was necessary during current financial market turbulence and that the appointment of new members across a range of industries, including non-bank lending, would contribute to greater depth and perspective on financial sector issues.
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Published: 10-04-08