Treasurer of New South Wales | |
---|---|
New South Wales Treasury | |
Style | The Honourable |
Member of | |
Reports to | Premier of New South Wales |
Seat | 52 Martin Place, Sydney |
Nominator | Premier of New South Wales |
Appointer | Governor of New South Wales on the advice of the premier |
Term length | At the Governor's pleasure |
Formation | 24 April 1824 |
First holder | William Balcombe (as Colonial Treasurer of New South Wales) |
The Treasurer of New South Wales, known from 1856 to 1959 as the Colonial Treasurer of New South Wales, is the minister in the Government of New South Wales responsible for government expenditure and revenue raising and is the head of the New South Wales Treasury. The Treasurer plays a key role in the economic policy of the government.
The current Treasurer, since 28 March 2023 is Daniel Mookhey. [1]
Each year, the Treasurer presents the NSW Budget to the Parliament. In some other countries the equivalent role is the Minister for Finance, although NSW has had a separate office of that name responsible for regulating government spending. For 103 years the Treasurer was originally known as the 'Colonial Treasurer', however the 'Colonial' word was removed with the passing of the Ministers of the Crown Act 1959 (NSW) from 1 April 1959. [2]
Treasurers Forster, Stuart, Dibbs, Jennings, Reid, Lyne, Waddell, Carruthers, McGowen, Holman, Fuller, Lang, Bavin, Stevens, Mair, McKell, McGirr, Cahill, Heffron, Renshaw, Askin, Lewis, Willis, Wran, Greiner, Fahey and Iemma were also Premier during some or all of their period as Treasurer.
Current Premier Chris Minns is the seventh consecutive Premier who had not served as his own Treasurer.
By convention, the Treasurer is usually a member of the Legislative Assembly. [3] The exception to this were Treasurers Egan, Costa, Roozendaal and currently Mookhey, who were members of the Legislative Council during their tenure as Treasurer. Egan is the longest serving Treasurer of New South Wales.
The Treasurer administers his or her portfolio responsibilities through The Treasury cluster, and in particular The Treasury and a range of other government agencies. [4]
Ordinal | Minister [5] | Party | Title | Term start | Term end | Time in office | Notes | |
---|---|---|---|---|---|---|---|---|
1 | William Balcombe | Prior to responsible government | Colonial Treasurer | 24 April 1824 | 19 March 1829 | 4 years, 329 days | [6] | |
– | William Dumaresq | Acting Colonial Treasurer | 1 April 1829 | 31 July 1829 | 121 days | [6] [7] | ||
2 | Campbell Riddell | Colonial Treasurer | 23 August 1830 | 5 June 1856 | 25 years, 287 days | [8] | ||
– | Pieter Campbell | Acting for the Colonial Treasurer | 1 March 1839 | 8 May 1841 | 2 years, 68 days | [9] | ||
– | Francis Merewether | Acting Colonial Treasurer | 26 January 1854 | 27 February 1856 | 2 years, 32 days | [10] | ||
3 | Thomas Holt | No party | Colonial Treasurer | 6 June 1856 | 25 August 1856 | 80 days | [11] | |
4 | Robert Campbell | 26 August 1856 | 2 October 1856 | 37 days | [12] | |||
5 | Stuart Donaldson | 3 October 1856 | 7 September 1857 | 339 days | [13] | |||
6 | Richard Jones | 7 September 1857 | 3 January 1858 | 118 days | [14] | |||
(4) | Robert Campbell | 4 January 1858 | 30 March 1859 | 1 year, 85 days | [12] | |||
7 | Elias Weekes | 18 April 1859 | 26 October 1859 | 191 days | [15] | |||
8 | Saul Samuel | 27 October 1859 | 8 March 1860 | 133 days | [16] | |||
(7) | Elias Weekes | 9 March 1860 | 20 March 1863 | 3 years, 11 days | [15] | |||
9 | Thomas Smart | 21 March 1863 | 15 October 1863 | 208 days | [17] | |||
10 | Geoffrey Eagar | 16 October 1863 | 2 February 1865 | 1 year, 109 days | [18] | |||
(9) | Thomas Smart | 3 February 1865 | 19 October 1865 | 258 days | [17] | |||
(8) | Saul Samuel | 20 October 1865 | 3 January 1866 | 75 days | [16] | |||
11 | Marshall Burdekin | 4 January 1866 | 21 January 1866 | 17 days | [19] | |||
(10) | Geoffrey Eagar | 22 January 1866 | 26 October 1868 | 2 years, 278 days | [18] | |||
(8) | Saul Samuel | 27 October 1868 | 15 December 1870 | 2 years, 49 days | [16] | |||
12 | George Lord | 16 December 1870 | 13 May 1872 | 1 year, 149 days | [20] | |||
13 | William Piddington | 14 May 1872 | 4 December 1872 | 204 days | [21] | |||
14 | George Lloyd | 5 December 1872 | 8 February 1875 | 2 years, 65 days | [22] | |||
15 | William Forster | 9 February 1875 | 7 February 1876 | 363 days | [23] | |||
16 | Alexander Stuart | 8 February 1876 | 21 March 1877 | 1 year, 41 days | [24] | |||
(13) | William Piddington | 22 March 1877 | 16 August 1877 | 147 days | [21] | |||
17 | William Long | 17 August 1877 | 17 December 1877 | 122 days | [25] | |||
18 | Henry Cohen | 18 December 1877 | 20 December 1878 | 1 year, 2 days | [26] | |||
19 | James Watson | 21 December 1878 | 4 January 1883 | 4 years, 14 days | [27] | |||
20 | George Dibbs | 5 January 1883 | 21 December 1885 | 2 years, 350 days | [28] | |||
21 | John Burns | 22 December 1885 | 25 February 1886 | 65 days | [29] | |||
22 | Sir Patrick Jennings | 26 February 1886 | 19 January 1887 | 327 days | [30] | |||
(21) | John Burns | Protectionist | 20 January 1887 | 16 January 1889 | 1 year, 362 days | [29] | ||
23 | James Garvan | Free Trade | 17 January 1889 | 7 March 1889 | 49 days | |||
24 | William McMillan | 8 March 1889 | 27 July 1891 | 2 years, 141 days | ||||
25 | Bruce Smith | 14 August 1891 | 22 October 1891 | 69 days | ||||
26 | John See | Protectionist | 23 October 1891 | 2 August 1894 | 2 years, 283 days | |||
27 | George Reid | Free Trade | 3 August 1894 | 3 July 1899 | 4 years, 334 days | |||
28 | Joseph Carruthers | 3 July 1899 | 13 September 1899 | 72 days | ||||
29 | Sir William Lyne | Protectionist | 15 September 1899 | 20 March 1901 | 1 year, 186 days | |||
30 | Thomas Waddell | 10 April 1901 | 29 August 1904 | 3 years, 141 days | ||||
(28) | Sir Joseph Carruthers | Liberal Reform | 29 August 1904 | 1 October 1907 | 3 years, 33 days | |||
(30) | Thomas Waddell | 2 October 1907 | 20 October 1910 | 3 years, 18 days | ||||
31 | James McGowen | Labor | 21 October 1910 | 26 November 1911 | 1 year, 36 days | |||
32 | John Dacey | 27 November 1911 | 11 April 1912 | 136 days | ||||
33 | Campbell Carmichael | 17 April 1912 | 5 May 1912 | 18 days | ||||
34 | John Cann | 6 May 1912 | 29 January 1914 | 1 year, 268 days | ||||
35 | William Holman | 29 January 1914 | 15 November 1916 | 4 years, 274 days | ||||
Nationalist | 15 November 1916 | 30 October 1918 | ||||||
36 | John Fitzpatrick | 30 October 1918 | 12 April 1920 | 1 year, 165 days | ||||
37 | Jack Lang | Labor | 12 April 1920 | 20 December 1921 | 1 year, 252 days | |||
38 | Sir Arthur Cocks | Nationalist | 20 December 1921 | 20 December 1921 | 7 hours | |||
(37) | Jack Lang | Labor | 20 December 1921 | 13 April 1922 | 114 days | |||
(38) | Sir Arthur Cocks | Nationalist | 13 April 1922 | 14 February 1925 | 2 years, 307 days | |||
39 | George Fuller | 14 February 1925 | 17 June 1925 | 123 days | ||||
(37) | Jack Lang | Labor | 17 June 1925 | 18 October 1927 | 2 years, 123 days | |||
40 | Thomas Bavin | Nationalist | 18 October 1927 | 15 April 1929 | 1 year, 179 days | |||
41 | Bertram Stevens | 16 April 1929 | 3 November 1930 | 1 year, 201 days | [31] | |||
(37) | Jack Lang | Labor | 4 November 1930 | 15 October 1931 | 1 year, 191 days | |||
Labor (NSW) | 15 October 1931 | 13 May 1932 | ||||||
(41) | Bertram Stevens | United Australia | 16 May 1932 | 13 October 1938 | 6 years, 150 days | [31] | ||
42 | Alexander Mair | 13 October 1938 | 16 August 1939 | 307 days | ||||
43 | Athol Richardson | 16 August 1939 | 16 May 1941 | 1 year, 273 days | ||||
44 | Bill McKell | Labor | 16 May 1941 | 6 February 1947 | 5 years, 266 days | [32] | ||
45 | James McGirr | 6 February 1947 | 3 April 1952 | 5 years, 57 days | ||||
46 | Joseph Cahill | 3 April 1952 | 1 April 1959 | 7 years, 203 days | ||||
Treasurer | 1 April 1959 | 22 October 1959 | ||||||
47 | Bob Heffron | 23 October 1959 | 28 October 1959 | 5 days | ||||
48 | Jack Renshaw | 28 October 1959 | 13 May 1965 | 5 years, 197 days | ||||
49 | Sir Robert Askin | Liberal | 13 May 1965 | 3 January 1975 | 9 years, 235 days | |||
50 | Tom Lewis | 3 January 1975 | 23 January 1976 | 1 year, 20 days | ||||
51 | Sir Eric Willis | 23 January 1976 | 14 May 1976 | 112 days | ||||
(48) | Jack Renshaw | Labor | 14 May 1976 | 29 February 1980 | 3 years, 291 days | |||
52 | Neville Wran | 29 February 1980 | 2 October 1981 | 1 year, 216 days | ||||
53 | Ken Booth | 2 October 1981 | 21 March 1988 | 6 years, 175 days | ||||
54 | Nick Greiner | Liberal | 25 March 1988 | 24 June 1992 | 4 years, 91 days | |||
55 | John Fahey | 24 June 1992 | 26 May 1993 | 336 days | ||||
56 | Peter Collins | 26 May 1993 | 4 April 1995 | 1 year, 313 days | ||||
57 | Michael Egan | Labor | 4 April 1995 | 21 January 2005 | 9 years, 292 days | |||
58 | Andrew Refshauge | 21 January 2005 | 3 August 2005 | 194 days | ||||
59 | Morris Iemma | 3 August 2005 | 17 February 2006 | 198 days | ||||
60 | Michael Costa | 17 February 2006 | 5 September 2008 | 2 years, 204 days | ||||
61 | Eric Roozendaal | 8 September 2008 | 28 March 2011 | 2 years, 208 days | ||||
62 | Mike Baird | Liberal | 4 April 2011 | 23 April 2014 | 3 years, 19 days | |||
63 | Andrew Constance | 23 April 2014 | 2 April 2015 | 344 days | ||||
64 | Gladys Berejiklian | 2 April 2015 | 30 January 2017 | 1 year, 303 days | ||||
65 | Dominic Perrottet | 30 January 2017 | 5 October 2021 | 4 years, 248 days | [33] | |||
66 | Matt Kean | 5 October 2021 | 28 March 2023 | 1 year, 174 days | [34] | |||
67 | Daniel Mookhey | Labor | 28 March 2023 | incumbent | 1 year, 210 days |
The Assistant Treasurer, when in use and along with the Minister for Finance, effectively acted as Deputy to the Treasurer. In January 1914, Henry Hoyle was appointed as an Honorary Minister in Holman ministry, charged with the duties of Colonial Treasurer, which was held by Premier Holman, but Hoyle was often referred to as the "Assistant Treasurer". [35] [36] [37]
From 1925–1929 there existed the office of "Assistant Colonial Treasurer". However this office was abolished and when it returned in 1933, it was titled as "Assistant Treasurer". The Assistant Treasurer is not an essential cabinet post, often being appointed on an on-off basis, and there is no Assistant Treasurer at the present. Significantly, the role exists only when in use; there can be a lengthy period between successive holders of the title. The last Assistant Treasurer was John Della Bosca from 1999 to 2006. The title Minister for Finance is also used within New South Wales governments but that role is primarily made responsible for the Revenue collection and administration side of Governance.
Minister [5] | Party | Title | Term start | Term end | Time in office | Notes | |||
---|---|---|---|---|---|---|---|---|---|
William Dick | Liberal Reform | Minister without portfolio assisting the Treasurer | 29 August 1904 | 1 October 1907 | 3 years, 33 days | [38] [39] | |||
Henry Hoyle | Labor | Minister without portfolio assisting the Treasurer | 29 January 1914 | 31 October 1916 | 2 years, 276 days | [40] | |||
Bill McKell | Labor | Assistant Colonial Treasurer | 17 June 1925 | 7 June 1927 | 1 year, 355 days | [32] | |||
Robert Cruickshank | 19 September 1927 | 18 October 1927 | 29 days | [41] | |||||
Bertram Stevens | Nationalist | 18 October 1927 | 15 April 1929 | 1 year, 179 days | [31] | ||||
Eric Spooner | United Australia | Assistant Treasurer | 15 February 1933 | 21 August 1935 | 2 years, 187 days | [42] | |||
Clive Evatt | Labor | Assistant Treasurer | 19 May 1947 | 23 February 1953 | 5 years, 280 days | [43] | |||
George Freudenstein | Country | Assistant Treasurer | 11 March 1971 | 19 June 1972 | 1 year, 100 days | [44] | |||
Wal Fife | Liberal | 19 June 1972 | 3 January 1975 | 2 years, 198 days | [45] | ||||
Max Ruddock | 3 January 1975 | 10 October 1975 | 280 days | [46] | |||||
Peter Coleman | 10 October 1975 | 23 January 1976 | 105 days | [47] | |||||
Max Ruddock | 23 January 1976 | 14 May 1976 | 112 days | [46] | |||||
Ken Booth | Labor | Assistant Treasurer | 29 February 1980 | 2 October 1981 | 1 year, 216 days | [48] | |||
Phillip Smiles | Liberal | Assistant Treasurer | 1 February 1991 | 1 February 1992 | 1 year, 0 days | [49] | |||
George Souris | National | 3 July 1992 | 26 May 1993 | 327 days | [50] | ||||
John Della Bosca | Labor | Assistant Treasurer | 8 April 1999 | 17 February 2006 | 6 years, 315 days | [51] |
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