The Liberal Government’s new Cabinet is good news for the retail sector, the ARA says, with the appointments signalling a focus on cutting rising energy prices and small business.

Mr Morrison’s new ministry includes the appointment of former employment minister Michaelia Cash as Minister for Small Business, Skills and Vocational Education, a move applauded by the sector.

Russell Zimmerman, Executive Director of the ARA, said that the new Cabinet is promising news for the sector with its focus on key areas of concern for retailers.

“Prime Minister Scott Morrison’s first ministry will be a great opportunity for retails across the country with Michaelia Cash appointed as Minister for Small Business, Skills and Vocational Education,” Mr Zimmerman said.

“This strong focus on small business and education and training will enable retailers to increase employment and training in the sector to ensure prosperity and growth for the retail industry.”

In a press conference on Sunday, Mr Morrison said that Ms Cash would be visiting small business across Australia in a bid to support them.

Mr Morrison’s new Ministry has flagged a renewed focus on cutting energy prices, with the Prime Minister splitting the energy portfolio in two, and appointing Melissa Price as the Minister for the Environment and Angus Taylor as the Minister for Energy.

“With escalating energy prices coupled with rising tenancy costs, retailers are finding it hard to keep their heads above water,” Mr Zimmerman said.

“The ARA will be looking to Scott Morrison’s new Cabinet to reduce these rising costs and enable retailers to focus on using their profits to hire more staff.”