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As of 23 December 2024, there are ten living former treasurers of Australia, the oldest being Ralph Willis (served 1991, 1993−1996, born 1938). The most recent treasurer to die was Bill Hayden (served 1975) on 21 October 2023. The most recently serving treasurer to die was John Kerin (served 1991) on 29 March 2023. [8]
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.
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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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Wayne Maxwell Swan (born 30 June 1954) 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.
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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.