Search results
Results from the WOW.Com Content Network
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.
He has been Treasurer of Australia in the Albanese government since May 2022. He is a member of the Australian Labor Party (ALP) and has served as a member of parliament for the division of Rankin since 2013. Chalmers was born in Brisbane and attended the Australian National University, where he completed a doctorate in political science.
A key U.S. security ally in the Indo-Pacific, Australia is a small global exporter of steel, although it is the world's largest exporter of the main steelmaking raw material, iron ore.
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 ...
Australian Treasurer Jim Chalmers will meet with his U.S. counterpart Scott Bessent on Tuesday in Washington, with Canberra seeking an exemption on 25% tariffs on imports of steel and aluminium ...
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.
Frydenberg was born in Melbourne.His mother, Erika Strausz, is a psychologist and University of Melbourne professor and his father Harry is a general surgeon. His mother was a Jewish Hungarian born in 1943 who arrived in Australia in 1950 as a stateless child from a refugee camp after escaping the Holocaust. [3]