Treasurer of the Australian Capital Territory

Last updated

Treasurer of the
Australian Capital Territory
Coat of Arms of the Australian Capital Territory.svg
Flag of the Australian Capital Territory.svg
AndrewBarrportrait (cropped).jpg
Incumbent
Andrew Barr
since 1 July 2011
Department of Treasury
Style The Honourable
Member of
Seat 1 Constitution Avenue, Canberra
Nominator Chief Minister of the Australian Capital Territory
Formation16 May 1989
First holder Rosemary Follett

The Treasurer of the Australian Capital Territory is the title held by the Cabinet Minister who is responsible for the management of the Government of the Australian Capital Territory's public sector finances, and for preparing and delivering the annual Territory Budget.

Contents

The current ACT Treasurer is Andrew Barr.

List of treasurers of the Australian Capital Territory

TreasurerPartyAssumed officeLeft officeTerm
Rosemary Follett Labor 16 May 19895 December 1989203 days
Trevor Kaine Liberal 5 December 19896 June 19911 year, 183 days
Rosemary Follett Labor18 June 199115 March 19953 years, 270 days
Kate Carnell Liberal15 March 19957 August 19994 years, 145 days
Gary Humphries Liberal7 August 199913 November 20012 years, 98 days
Ted Quinlan Labor13 December 200120 April 20064 years, 128 days
Jon Stanhope Labor20 April 200611 November 20082 years, 205 days
Katy Gallagher Labor11 November 200830 June 20112 years, 231 days
Andrew Barr Labor1 July 2011Incumbent11 years, 217 days

Related Research Articles

<span class="mw-page-title-main">Australian Capital Territory</span> Territory of Australia

The Australian Capital Territory, known as the Federal Capital Territory (FCT) until 1938, is a landlocked federal territory of Australia containing the national capital Canberra and some surrounding townships. It is located in southeastern Australian mainland as an enclave completely within the state of New South Wales. Founded after Federation as the seat of government for the new nation, the territory hosts the headquarters of all important institutions of the Australian Government.

A federal district is a type of administrative division of a federation, usually under the direct control of a federal government and organized sometimes with a single municipal body. Federal districts often include capital districts, and they exist in various federations worldwide.

<span class="mw-page-title-main">Jon Stanhope</span> Australian politician

Jonathan Donald Stanhope is a former Australian politician who was Labor Chief Minister of the Australian Capital Territory from 2001 to 2011. Stanhope represented the Ginninderra electorate in the ACT Legislative Assembly from 1998 until 2011. He is the only ACT Chief Minister to have governed with a majority in the ACT Assembly. From 2012 to 2014 Stanhope was Administrator of the Australian Indian Ocean Territories, which consists of Christmas Island and Cocos (Keeling) Islands.

<span class="mw-page-title-main">Gary Humphries</span> Australian politician

Gary John Joseph Humphries is a Deputy President of the Administrative Appeals Tribunal. He was a member of the Australian Senate representing the Australian Capital Territory for the Liberal Party of Australia from 2003 to 2013. He was the Chief Minister of the Australian Capital Territory from 2000 to 2001; and was elected to the first parliament of the Australian Capital Territory, in 1989, later representing the Molonglo electorate until 2003.

<span class="mw-page-title-main">Australian Capital Territory Legislative Assembly</span> Unicameral legislature of the Australian Capital Territory

The Legislative Assembly for the Australian Capital Territory is the unicameral legislature of the Australian Capital Territory (ACT). It sits in the Legislative Assembly Building on Civic Square, close to the centre of the city of Canberra.

<span class="mw-page-title-main">Royal Australian Mint</span> Building in Deakin, Australian Capital Territory

The Royal Australian Mint is the sole producer of all of Australia's circulating coins and is a Commonwealth Government entity operating within the portfolio of the Treasury. The Mint is situated in the Australian federal capital city of Canberra, in Denison St, in the suburb of Deakin. The Mint was opened in 1965 by Prince Philip, Duke of Edinburgh.

<span class="mw-page-title-main">Goods and services tax (Australia)</span> Type of value added tax used in Australia

Goods and Services Tax (GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions and concessions. GST is levied on most transactions in the production process, but is in many cases refunded to all parties in the chain of production other than the final consumer.

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 2022 budget brought down in May 2022 relates to the 2022/23 financial year.

<span class="mw-page-title-main">Andrew Barr</span> Australian politician; Chief Minister of the Australian Capital Territory

Andrew James Barr is an Australian politician who has been serving as the 7th Chief Minister of the Australian Capital Territory since 2014. He has been an Australian Labor Party member in the ACT Legislative Assembly since 2006, after being elected on a countback to replace former Treasurer Ted Quinlan, who resigned mid-term. Barr was immediately promoted to Cabinet upon his election. On 11 December 2014 he was elected as Chief Minister after his predecessor, Katy Gallagher, resigned and announced her intention to run for the Senate. In addition to being Chief Minister, he holds the portfolios of Treasurer, Social Inclusion and Equality, Tourism and Special Events, and Trade, Industry and Investment.

<span class="mw-page-title-main">States and territories of Australia</span> Overarching divisions of authority in Australia

The states and territories are federated administrative divisions in Australia, ruled by regional governments that constitute the second level of governance between the federal government and local governments. States are self-governing polities with incomplete sovereignty and have their own constitutions, legislatures, departments, and certain civil authorities that administer and deliver most public policies and programs. Territories can be autonomous and administer local policies and programs much like the states in practice, but are still constitutionally and financially subordinate to the federal government and thus have no true sovereignty.

The 2006–07 Australian Capital Territory budget for the financial year 2006–2007 was presented to the Australian Capital Territory Legislative Assembly by Chief Minister of the Australian Capital Territory Jon Stanhope on 6 June 2006. Stanhope is also the Treasurer, with this budget being the first he has presented as Treasurer. Among the most-discussed elements of the budget were its planned closure of 39 schools in the Territory as part of its "Towards 2020: Renewing Our Schools" vision for education in the Territory.

The Chief Minister, Treasury and Economic Development Directorate (CMTEDD) is a directorate of the Australian Capital Territory government, which advises the ACT Chief Minister, currently Andrew Barr.

The Loan Council is an Australian Commonwealth-state ministerial council that coordinates public sector borrowing, comprising the Commonwealth of Australia and the states and self-governing territories, New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania the Australian Capital Territory, and the Northern Territory. The Loan Council now operates under the Financial Agreement between the Commonwealth, States and Territories of 25 February 1994, which is incorporated as a schedule to the Financial Agreement Act 1994, which came into effect on 1 July 1995. The 1994 arrangements made significant changes to the previous arrangements, the main changes being:

<span class="mw-page-title-main">Government of the Australian Capital Territory</span> Territory government of the Australian Capital Territory, Australia

The Government of the Australian Capital Territory, also referred to as the Australian Capital Territory Government or ACT Government, is the executive authority of the Australian Capital Territory, one of the territories of Australia. The leader of the party or coalition with the confidence of the Australian Capital Territory Legislative Assembly forms Government. Unlike the Australian States and the Northern Territory, the Australian Capital Territory Legislative Assembly directly elects one of their number to be the Chief Minister of the Australian Capital Territory as the head of the Government, rather than being appointed by a Governor or Administrator.

The Commonwealth Grants Commission is an Australian independent statutory body that advises the Australian Government on financial assistance to the states and territories of Australia under section 96 of the Australian Constitution. The Commission was established in July 1933 by the Lyons Government during the Great Depression to provide impartial advice on the distribution of federal government grants to the states. The Commission operates under the Commonwealth Grants Commission Act 1973, and is responsible for measuring the relative fiscal capacity of each state and territory.

Working family was a term used by Kevin Rudd, former Prime Minister of Australia, and members of his leadership team, during the lead-up to the 2007 Australian federal election.

<span class="mw-page-title-main">Fraser government</span> Australian Government led by Malcolm Fraser, 1975–1983

The Fraser government was the federal executive government of Australia led by Prime Minister Malcolm Fraser. It was made up of members of a Liberal-Country party coalition in the Australian Parliament from November 1975 to March 1983. Initially appointed as a caretaker government following the dismissal of the Whitlam government, Fraser won in a landslide at the resulting 1975 Australian federal election, and won substantial majorities at the subsequent 1977 and 1980 elections, before losing to the Bob Hawke-led Australian Labor Party in the 1983 election.

The First Gallagher Ministry was the 11th ministry of the Government of the Australian Capital Territory, and was led by Labor Chief Minister Katy Gallagher and her deputy Andrew Barr. It was initially appointed as a transitional ministry on 16 May 2011 following the resignation of Jon Stanhope as Chief Minister and the subsequent election of Katy Gallagher as his replacement by the Australian Capital Territory Legislative Assembly. Gallagher had stated that, once the 2011-12 ACT Budget was passed by the assembly, she would appoint her deputy Andrew Barr to the Treasury portfolio in her place. This was implemented on 1 July 2011.

<span class="mw-page-title-main">Department of Infrastructure and Regional Development</span>

The Department of Infrastructure and Regional Development was an Australian Government department that existed between September 2013 and December 2017. Matters dealt with by the department included: infrastructure planning and coordination; transport safety; land transport; civil aviation and airports; maritime transport including shipping; administration of Australian territories; constitutional development of the Northern Territory and the Australian Capital Territory; regional programs; regional development; local government matters; and regional policy.

<span class="mw-page-title-main">Economy of the Australian Capital Territory</span> Overview of the economy of the Australian Capital Territory

The economy of the Australian Capital Territory (ACT) is the fastest-growing, sixth biggest economy of Australia as of the end of the 2017-18 financial year. Since the introduction of its self-government status in 1989, and with few exceptions in 1992, 1996, and 2014, the ACT economy has exhibited positive growth at a 1991-2018 average of 3.17 percent per year. A vast majority of the economy is concentrated in Canberra, the capital city of Australia, and is composed primarily by service industries, particularly those related to the administration of federal and local government. Construction also contributes to an important part of the economy, boosted by large government-funded projects and an active residential market. In contrast to other Australian states and territories, primary sectors such as agriculture, forestry, and mining, represent a very small proportion of the economy (±1%). A negative balance of trade has characterised the ACT economy since 2012-13, with small goods trade and a growing service export industry comprised mainly by education and public administration services.

References