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The Cabinet of Australia, [a] also known as the Federal Cabinet, is the chief decision-making body of the Australian government.The Cabinet is selected by the prime minister and is composed of senior government ministers who administer the executive departments and ministries of the federal government.
In addition it provides support services to the Prime Minister, the Cabinet, Cabinet committees, and the department's portfolio ministers and assistant ministers. The group delivers the department's enabling and support functions and also oversees the implementation and ongoing delivery of key Government programmes, policies and initiatives.
Members of the cabinet are selected by the prime minister and may be added or removed at any time, usually through a cabinet reshuffle. [41] Cabinet meetings are strictly private and occur once a week where vital issues are discussed and policy formulated. The cabinet is not a legal entity; it exists solely by convention.
National Cabinet also agreed that the COVID-19 vaccine is not currently planned to be mandatory for aged care workers, but may become so later, noting concerns from the industry that it should be mandatory. [27] 4 June 2021: National Cabinet met to discuss Australia’s COVID-19 response and changes to the Australian COVID-19 Vaccine Strategy. [28]
As of December 2023, there are 1,334 government entities reportable to the Australian Government Organisations Register. This includes: [2] [3] 191 "principal" entities, including non-corporate Commonwealth entities (such as the 20 cabinet departments), corporate Commonwealth entities, and Commonwealth companies
While the group primarily invests in commercial property assets, such as office towers [12] [13] [14] most of its recent growth has been in self-storage units, a sector buoyed by the storage needs of Australia's growing e-commerce industry. [15] In 2020, Abacus acquired Storage King Pty Ltd, buying the remaining $50m of shares. [16]