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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.
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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.
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.
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 ...
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 .