As Warwick Smith joins Kerry Stokes in his bid to expand the empire, his office put out two statements which are being pored over for clues
Statement from Kerry Stokes AO on appointment of Hon Warwick Smith LLB
to Australian Capital Equity.
It is with pleasure that I announce that Hon Warwick Smith will become Chairman of the Australian Capital Equity Pty Limited Advisory Board.
Warwick’s extensive Federal parliamentary career, including key roles in communications policy, sport and social policy spanning fifteen years, together with his key role as Telecommunications Ombudsman, will greatly assist the Australian Capital Equity Group. The Group has extensive interests in television, magazines publishing, internet, machinery distribution and other equity holdings in Australia and globally, particularly in China, where it is actively developing a significant presence in the sale and distribution of heavy engineering equipment.
An Executive Director at Macquarie Bank Limited for nearly a decade, working directly with its Chief Executive and in the Investment Banking Group as a Chairman of the Telecommunications, Media, Entertainment and Technology Group, he has wide commercial experience.
In addition, Warwick established Macquarie Bank’s Corporate Communications Group and developed the Macquarie Bank Foundation to a leading position in corporate philanthropy.
Warwick brings together a skills set unique to corporate Australia. This skills set will benefit the continued development of Australian Capital Equity here in Australia, and particularly in China. As Chair of the Australia China Business Council, Warwick has played a pivotal role in the development of the China-Australia positive relationship.
I am pleased that Warwick is joining our team. He will play an integral role in the future development of Australian Capital Equity.
Here is the Smith bio:
HON WARWICK L. SMITH, LLB
Warwick Smith is an Executive Director with Macquarie Bank, Australia’s only independent,
full-service investment bank, which operates throughout Australia and in 22 international
Within the Investment Banking Group, he chairs the Telecommunications, Media,
Entertainment and Technology (TMET) Group, which provides a co-ordinated suite of financial products and advisory services to companies in these sectors. The Group has been involved in a number of significant domestic and international mandates.
Warwick has been at the forefront of telecommunications reform and public broadcasting debates through his former Ministerial roles and in being appointed the first Ombudsman to the Australian Telecommunications Industry. Warwick’s involvement has included participation in the public policy debates driving legislative reform. In his current role as chair of the TMET group, Warwick continues to be associated with fostering development within the industry from an investment banking perspective.
He is head of the Bank’s Corporate Communications Division overseeing the entire staff that is responsible for Macquarie’s image and reputation. The Division incorporates media and public relations, government affairs, branding, marketing as well as the Bank’s role in the community.
Warwick continues his interest with industry development and community affairs, following his former Federal Parliamentary time, through participation on various Boards within these spheres.
Since joining Macquarie, Warwick has developed processes and teams at the Bank, which have achieved record growth and profitability over the last six years. He is actively involved in a very broad cross section of Macquarie Bank’s worldwide activities. Warwick previously held an association with Macquarie Bank working as a consultant between 1995 and 1996 when he managed his own telecommunications consulting business. Key clients at that time included Clayton UTZ lawyers, KPMG, and Macquarie Bank. In particular, he assisted with Macquarie’s bids for international cross-border leasing and local domestic leasing mandates.
Prior to his years in public service, Warwick was a Partner and Solicitor with Douglas and Collins (one of Tasmania’s oldest law firms, specialising in commercial law).
Warwick has an extensive political background, having served as a Federal Government Minister and in a variety of public roles in a Parliamentary career spanning 15 years. In the Howard Coalition Government, Warwick served as:
Minister for Family and Aged Services
Minister for Sport, Territories and Local Government
Minister Assisting the Prime Minister for the Sydney 2000 Olympics
Minister in the House of Representatives for the Arts
Minister in the House of Representatives for Communications and the Information Economy
Minister in the House of Representatives for the Environment
Acting Minister for the following: Health, Communications, Industrial Relations, Environment, & Administration Services
Shadow Ministry service included – Energy, Science, Industrial Relations, Communications, Aboriginal Affairs, Privatisation, and Leader of the House.
Warwick has served on the board of a broad range of Government organisations, having been:
Appointed by the Prime Minister to represent the corporate sector on the Welfare Reform Consultative Forum, making recommendations on the implementation and budgetary considerations of the McClure Report into Welfare Reform
Appointed to the BITS Incubator Advisory Panel by the Minister for Communications and Information Technology
A board member of the Electric Energy Industry Export Council, an appointment by the Minister for Industry and Science and the Minister for Trade
Appointed by the Minister for the Environment and Heritage to carry out an Independent Review of the Australian Greenhouse Office
The Deputy Chair of the Tourism Task Force
Member assisting Deputy Prime Minister on the Trade Policy Advisory Council.
Chair of the Tourism Investment Consultative Group
Chair of the National Tourism Emerging Markets: China and India
Warwick’s additional committee service included:
Chair of Aviation Transport and Communications Policy Committee
Chair of Law & Government Policy Committee
Deputy Chair of the Economic Committee of the Shadow Ministry
Member of House of Representatives Standing Committee of Expenditure
Deputy Chair of the House of Representatives Standing Committee on Legal and Constitutional Affairs
Deputy Chair of the select Committee of Inquiry into the Print Media
Chair of the Waste Watch Committee
Infrastructure Funding in Australia
Merger Monopolies & Takeovers
TELECOMMUNICATIONS & MEDIA
Industry and consumer groups appointed him as Australia’s first Telecommunications Ombudsman, presiding over the industry as it entered a deregulated market. He was formally the Chairman of the Australian Communications Industry Forum (ACIF) Limited, whose framework for self-regulation of the telecommunications industry has attracted international interest. He was formerly on the Law Council of Australia – Media and Telecommunications Committee and currently serves as a member of the Pacific Telecommunications Council.
In 1999, Warwick received accolades from the Australian Telecommunications Users Group in the form of the Chairman’s Award for Telecommunications Policy Development & Support. This award recognises the person who has made a significant impact on the industry and business through his/her involvement in communications policy development and implementation.
In addition, the Australian Telecommunications Users Group awarded Warwick with the Charles Todd Memorial Award for Communications. This award recognises the person whom ATUG considers has made the most significant contribution in terms of promoting telecommunications as an essential element in national industry growth, the enabling of healthy competition, and the awareness of end users of the value of world best practice telecommunications to our nation.
He has had a long and active involvement in the media sector, ranging from parliamentary inquiries on print media to corporate advisory mandates for key industry participants.
Warwick has a strong focus on international affairs. Along with being the Immediate Past National President of the Australia China Business Council, a Director of the Australia Korea Business Council and an Executive Committee Member of the Asia Society, he is also the Inaugural Australian Member for BOAO Forum for Asia and a current member (former board member) of the Global Foundation. He is a founding member of the Australia Japan Roundtable and a Chair of the Financial Services session at the Australia Japan Conference. He is a current Board Member on the International Centre for Democratic Transition based in Hungary as the Australian Government Representative.
Having served as a participating member of the US Education Leadership Foundation he also is a founding and continuing member of the Australian American Leadership Foundation. When in Parliament, Warwick was a key part of several delegations that visited China, Singapore, Malaysia, Papua New Guinea, Taiwan, Thailand, Canada, USA, Israel, Switzerland, United Kingdom, France, Ireland, and New Zealand.
PHILANTHROPY & THE ARTS
Warwick has served on a number of Boards concerned with providing valuable and necessary community services. A founding patron of the Inspire Foundation, a patron of Good Beginnings, and former on the Board of Directors for the General Sir John Monash Foundation. Previous board service includes Asthma NSW, Mission Australia, Philanthropy Australia, Care Australia, Advisory Board RMIT University – Network Insights Group, Tasmanian University Council. He is also on the board of the Macquarie Bank Foundation for over 8 years, which supports philanthropic activities on the Bank’s behalf globally.
Warwick is actively involved in fostering corporate support for the arts. He is a Founding member of the Corporate Council, Australia Business Arts Foundation (AbaF) and was inaugural Chair of the NSW Chapter of AbaF. Formerly Chairman of Bundanon Trust which oversaw Arthur & Yvonne Boyd’s gift to the nation, Warwick has also served as a Trustee for the Foundation of the Moving Image and also The Sydney Institute Board.
Warwick was honoured with the Centenary Medal for contribution to community in 2000 for his support for philanthropic activity.
PRIOR LEGAL EXPERIENCE
Along with being a partner at Douglas & Collins, Warwick was also a visiting lecturer at Australian Maritime College and TAFE College in Launceston, Tasmania and was a visiting Legal Practitioner at Scottsdale and Flinders Island. He also had memberships in: Law Society of Tasmania Conveyancing Committee, Australian and New Zealand Maritime Law Association, Environmental Law Association, and Medico-Legal Association Tasmania
Tasmanian Rotary Group Study Exchange – Japan
University of Tasmania – Law
Australian National University – Law, Political Science and History majors
Admitted as a legal practitioner at the Law Society of Tasmania
Launceston Church Grammar School – Deputy Head, State Football, Cadet Officer, Swimming, and Boarding School
Sheehan High School – Awarded an American Field Scholarship (AFS) to Connecticut, USA
Married with three children, he lives in Sydney. His wife Kathryn, a lecturer in social policy, is a member of the Office of Film and Literature Review Board.