Less then a year after taking the position, Stephen Koukoulas, has resigned in his post as Australian Prime Minister Julia Gillard’s economic adviser.
The Gillard Government has not yet officially appointed or announced who will be replacing Koukoulas; they are expected to wait until he has officially left to do so. Four weeks ago, Gillard mentioned that after returning from extended leave, former Treasury secretary, Ken Henry, will take the part-time post of a special advisor in the Department of Prime Minister and Cabinet, but it is unknown when this will occur.
Stephen Koukoulas, the former head of income at Toronto Domain Bank in London, is said to be relocating to either Melbourne or Sydney to continue to work in his desired field of the financial markets.