Minister for Financial Services | |
---|---|
Department of the Treasury | |
Style | The Honourable |
Reports to | Prime Minister |
Seat | Canberra, ACT |
Nominator | Prime Minister |
Appointer | Governor-General on the advice of the prime minister |
Term length | At the Governor-General's pleasure |
Formation | 21 October 1998 |
First holder | Joe Hockey (as Minister for Financial Services and Regulation) |
Website | ministers |
The Australian Minister for Financial Services is a ministerial portfolio of the Australian Government, [1] currently held by Stephen Jones. [2]
The first Minister for Superannuation and Corporate Law was Nick Sherry,[ clarification needed ] appointed following the Labor Party's win at the 2007 election. The ministry was administered through the Department of the Treasury. [3]
The following individuals have been appointed as Minister for Financial Services, or any precedent titles: [4]
Order | Minister | Party | Prime Minister | Title | Term start | Term end | Term in office | |
---|---|---|---|---|---|---|---|---|
1 | Joe Hockey | Liberal | Howard | Minister for Financial Services and Regulation | 21 October 1998 | 26 November 2001 | 3 years, 36 days | |
2 | Nick Sherry | Labor | Rudd | Minister for Superannuation and Corporate Law | 3 December 2007 | 9 June 2009 | 1 year, 188 days | |
3 | Chris Bowen | Minister for Financial Services, Superannuation and Corporate Law | 9 June 2009 | 24 June 2010 | 1 year, 97 days | |||
Gillard | 24 June 2010 | 14 September 2010 | ||||||
4 | Bill Shorten | Minister for Financial Services and Superannuation | 14 September 2010 | 27 June 2013 | 2 years, 290 days | |||
Rudd | 27 June 2013 | 1 July 2013 | ||||||
5 | David Bradbury | Minister Assisting for Financial Services and Superannuation | 1 July 2013 | 18 September 2013 | 83 days | |||
6 | Kelly O'Dwyer | Liberal | Turnbull | Minister for Revenue and Financial Services | 19 July 2016 | 28 August 2018 | 2 years, 40 days | |
7 | Jane Hume | Liberal | Morrison | Minister for Superannuation, Financial Services and the Digital Economy | 22 December 2020 | 23 May 2022 | 1 year, 152 days | |
8 | Stephen Jones | Labor | Albanese | Assistant Treasurer Minister for Financial Services | 1 June 2022 | Incumbent | 2 years, 145 days |
The Treasurerof Australia, also known as the FederalTreasurer or more simply the Treasurer, is the minister of state of the Commonwealth of Australia charged with overseeing government revenue collection, federal expenditure and economic policy as the head of the Department of the Treasury. The current treasurer is Jim Chalmers, who was selected by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election.
Stephen Francis Smith is an Australian former politician and diplomat serving as the 26th and current high commissioner of Australia to the United Kingdom since 2023. A member of the Australian Labor Party (ALP), he was the federal member of Parliament (MP) for the division of Perth from 1993 to 2013, serving in the Rudd and Gillard governments as minister for Foreign Affairs from 2007 to 2010, minister for Trade in 2010 and minister for Defence from 2010 to 2013.
Wayne Maxwell Swan is an Australian politician serving as the 25th and current National President of the Labor Party since 2018, previously serving as the 14th deputy prime minister of Australia and the deputy leader of the Labor Party from 2010 to 2013, and the treasurer of Australia from 2007 to 2013.
The Minister for Finance in the Government of Australia is responsible for monitoring government expenditure and financial management. The current minister is Senator Katy Gallagher who has held the position since May 2022.
Christopher Eyles Guy Bowen is an Australian politician who has been Minister for Climate Change and Energy in the Albanese government since June 2022. He is a member of the Australian Labor Party (ALP) and was first elected to parliament at the 2004 federal election. He held ministerial office in the Rudd and Gillard governments from 2007 to 2013.
The Australian Government, also known as the Commonwealth Government or simply as the Federal government, is the national executive government of Australia, a federal parliamentary constitutional monarchy. The executive consists of the prime minister and other cabinet ministers that currently have the support of a majority of the members of the House of Representatives and also includes the departments and other executive bodies that ministers oversee. The current executive government consists of Anthony Albanese and other ministers of the Australian Labor Party (ALP), in office since the 2022 federal election.
An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. Budgets are called by the year in which they are presented to Parliament and relate to a financial year that commences on the following 1 July and ends on 30 June of the following year, so that the 2024 budget brought down in May 2024 relates to the 2024/25 financial year.
John Mansfield Brumby is the current Chancellor of La Trobe University and former Victorian Labor Party politician who was Premier of Victoria from 2007 to 2010. He became leader of the Victorian Labor Party and premier after the resignation of Steve Bracks. He also served as the Minister for Veterans' Affairs and the Minister for Multicultural Affairs. He contested his first election as premier at the November 2010 Victorian state election. His government was defeated by the Liberal/National Coalition led by Ted Baillieu. Brumby resigned as Labor leader after the election, on 30 November, to be replaced by Daniel Andrews. Within weeks of this leadership change, Brumby left parliament, with a Broadmeadows by-election taking place on 19 February 2011.
Mitchell Peter Fifield is an Australian politician and diplomat who last served as the Permanent Representative of Australia to the United Nations. He previously served as a Senator for Victoria from 2004 to 2019, representing the Liberal Party. He was a government minister in the Abbott, Turnbull, and Morrison governments, serving as Assistant Minister for Social Services (2013–2015), Manager of Government Business in the Senate (2013–2015), Minister for Communications (2015–2019), and Minister for the Arts (2015–2019).
Timothy Hugh Pallas is an Australian politician. He has been a Labor Party member of the Victorian Legislative Assembly since 2006, representing the electorate of Tarneit until 2014 and Werribee thereafter. He has served as Treasurer of Victoria in the all three of the Andrew Ministries since December 2014. and is currently still serving as treasurer in the Allan Ministry in 2023. Pallas previously served as Minister for Roads and Ports and Minister for Major Projects in the Brumby Ministry until 2010.
Leslie Harry Ernest Bury CMG was an Australian politician and economist. He was a member of the Liberal Party and served in the House of Representatives between 1956 and 1974, representing the Division of Wentworth. He held ministerial office in Coalition governments for nearly a decade, serving as Minister for Air (1961–1962), Housing (1963–1966), Labour and National Service (1966–1969), Treasurer (1969–1971) and Foreign Affairs (1971).
The Minister for Climate Change and Energy is a portfolio in the Government of Australia. The current Minister is Chris Bowen. The minister administers his or her portfolios through the Department of Climate Change, Energy, the Environment and Water.
Gregory Stephen Pearce, an Australian politician, is a former member of the Legislative Council of New South Wales, representing the Liberal Party from 1 November 2000 to 15 November 2017. He also served as Minister for Finance and Services and Minister for the Illawarra in the O'Farrell ministry from 2011 to 2013.
Kelly Megan O'Dwyer is a former Australian politician. She served in the House of Representatives from 2009 to 2019, representing the Liberal Party, and held senior ministerial office from 2015 to 2019.
Stephen Patrick Jones is an Australian politician who represents the Division of Whitlam for the Australian Labor Party. He was elected at the 2010 Australian federal election and is the current Assistant Treasurer and Minister for Financial Services.
Mark Raymond Speakman is an Australian politician. He has been a member of the New South Wales Legislative Assembly since 2011, representing Cronulla for the Liberal Party. On 21 April 2023, he became the Leader of the Opposition and Leader of the Liberal Party in New South Wales.
Matthew John Kean is a former Australian politician who is the Chair of the Climate Change Authority. Prior to this, he was the Treasurer of New South Wales in the second Perrottet ministry of New South Wales between October 2021 and March 2023. He was also the Minister for Energy between April 2019 and March 2023 and was also the Deputy Leader of the Liberal Party from August 2022 until March 2023. He represented Hornsby for the party in the New South Wales Legislative Assembly from 2011 to 2024.
The Treasurer of South Australia is the Cabinet minister in the Government of South Australia who is responsible for the financial management of that state's budget sector. The Urban Renewal Authority, trading as Renewal SA, lies within the Treasurer's portfolio.
The Assistant Treasurer of Australia is the minister of state of the Commonwealth of Australia charged with assisting the Treasurer with overseeing government revenue collection, federal expenditure and economic policy as the head of the Department of the Treasury. The current assistant treasurer is The Hon. Stephen Jones MP, who was appointed by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election. Jones also serves as Minister for Financial Services.
The shadow ministry of Peter Dutton is the current shadow cabinet of Australia since 5 June 2022, serving in opposition to the Albanese government. The shadow ministry is the Opposition's alternative to the Albanese ministry, which was sworn in on 1 June 2022.