Treasurer of Australia

Treasurer of Australia
Treasurer of Australia
Incumbent
Wayne Swan

since 3 December 2007
Style The Honourable
Appointer Prime Minister of Australia
Inaugural holder Sir George Turner
Formation 1901

The Treasurer of Australia is the minister in the Government of Australia responsible for government expenditure and revenue raising. He is the head of the Department of the Treasury. The Treasurer plays a key role in the economic policy of the government. By strong Constitutional convention, the Treasurer is always a member of the Parliament of Australia with a seat in the House of Representatives. In some other countries the equivalent role is the Minister for Finance, although Australia has a separate office of that name responsible for regulating government spending.

The Department of the Treasury, Canberra

Each year in May, the Treasurer presents the Federal Budget to the Parliament. The Treasurer is a very senior government post; traditionally, the holder of this office is the Deputy Prime Minister or in the case of the Liberal/National coalition, the deputy leader of the dominant political party holding government. Being Treasurer is often seen by the Canberra Press Gallery and the public as a necessary stepping-stone to the Prime Ministership;[citation needed] however, only six Prime Ministers have served as Treasurer before ascending to higher office.

Wayne Swan is the current Treasurer of Australia. The immediately preceding Treasurer, Peter Costello, held the portfolio for a record term.

List of Australian Treasurers

  • Treasurers Watson, Fisher, Scullin, Lyons, Menzies, Chifley, Whitlam and Hawke were also Prime Minister during some or all of their period as Treasurer.

Notes

  1. ^ From 3 June 1991 to 20 December 1991 Paul Keating was in the backbench after failing to defeat Bob Hawke in a caucus ballot for the prime ministership.
  2. ^ Hawke held the portfolio for only one day, 3–4 June 1991.

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Treasurer of Australia — Ministre des Finances (Australie) Le Ministère des Finances australien à Canberra Le Ministre des finances d Australie ( Treasurer of Australia) est le ministre qui au sein du gouvernement établit le budget de l état qu il présente toutes les… …   Wikipédia en Français

  • Australia — /aw strayl yeuh/, n. 1. a continent SE of Asia, between the Indian and the Pacific oceans. 18,438,824; 2,948,366 sq. mi. (7,636,270 sq. km). 2. Commonwealth of, a member of the Commonwealth of Nations, consisting of the federated states and… …   Universalium

  • Treasurer — In many governments, a treasurer is the person responsible for running the treasury. Treasurers are also employed by organizations such as clubs to look after funds.GovernmentThe Treasury of a country is the department responsible for the country …   Wikipedia

  • Australia's 2007 Election: The End of an Era — ▪ 2008       On Nov. 25, 2007, headlines around the world announced that the Australian Labor Party s (ALP s) victory in that country s parliamentary election the previous day marked the end of a conservative era and the beginning of a period of… …   Universalium

  • treasurer — / treʒərə/ noun 1. a person who looks after the money or finances of a club or society, etc. 2. US the main financial officer of a company 3. (in Australia) the finance minister in the government …   Dictionary of banking and finance

  • Mining in Australia — Super Pit gold mine at Kalgoorlie in Western Australia is Australia s largest open pit mine Mining in Australia is a significant primary industry and contributor to the Australian economy. Historically, mining booms have also encouraged… …   Wikipedia

  • Federation of Australia — The federation of Australia was the process by which the six separate British self governing colonies of New South Wales, Queensland, South Australia, Tasmania, Victoria and Western Australia formed a federation. When the Constitution of… …   Wikipedia

  • Greenpeace Australia Pacific — Infobox Company | company name = Greenpeace Australia Pacific company company type = Non Governmental Organisation! company slogan = Greenpeace is an independent campaigning organisation that uses non violent direct action to expose global… …   Wikipedia

  • Council of International Students Australia — Type Peak student representative body Founded 7 July 2010 Area served Australia Mission To advocate for the interests and needs of international stu …   Wikipedia

  • Department of the Treasury (Australia) — Department of the Treasury Agency overview Formed 1901 Jurisdiction Australia Headquarters Canberra Ministers responsible Wayne Swan, Treasurer Bill Shorten, Assistant Treasurer Ministe …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”