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The Treasurer is the minister in charge of government revenue and expenditure. The Treasurer oversees economic policy: fiscal policy is within the Treasurer's direct responsibility, while monetary policy is implemented by the politically independent Reserve Bank of Australia, the head of which is appointed by the Treasurer.
The Australian Treasury was established in Melbourne in January 1901, after the federation of the six Australian colonies. [3] In 1910, the federal government passed the Australian Notes Act 1910 which gave control over the issue of Australian bank notes to The Treasury and prohibited the circulation of state notes and withdrew their status as legal tender.
From 1999 to 2001, Chalmers worked under Queensland premier Peter Beattie as a research officer in the Department of Premier and Cabinet. He was the ALP's national research manager from 2002 to 2004, media adviser to Shadow Treasurer Wayne Swan from 2005 to 2006, deputy chief of staff to Opposition Leader Kim Beazley in 2006, and a senior adviser to New South Wales premier Morris Iemma from ...
Joshua Anthony Frydenberg (/ ˈ f r aɪ d ə n ˌ b ɜːr ɡ /) (born 17 July 1971) is an Australian former politician who served as the treasurer of Australia and deputy leader of the Liberal Party from 2018 to 2022. He also served as a member of parliament (MP) for the division of Kooyong from 2010 to 2022.
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The Australian Taxation Office (ATO) is an Australian statutory agency and the principal revenue collection body for the Australian Government. The ATO has responsibility for administering the Australian federal taxation system , superannuation legislation, and other associated matters.
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.
In Australia, the Treasurer is a senior minister and usually the second or third most important member of the government after the Prime Minister and Deputy Prime Minister. Each Australian state and self-governing territory also has its own treasurer. [citation needed] From 1867 to 1993, Ontario's Minister of Finance was called the Treasurer of ...