Minister for Finance and Deregulation (Australia)

Minister for Finance and Deregulation
Incumbent
Penny Wong
since 14 September 2010
Style The Honourable
Appointer Governor-General on the recommendation of the Prime Minister of Australia
Inaugural holder Phillip Lynch
Formation 1976

In the Australian political system, the Minister for Finance and Deregulation supplements the role of the Treasurer, being responsible for areas such as budget policy advice, reviewing governmental programs, tendering and government financial accountability. The portfolio was first created in 1976 by Malcolm Fraser's Liberal Party of Australia government as Finance. It was subsequently renamed Finance and Administration by John Howard's government in 1997, and as Finance and Deregulation by Kevin Rudd's government in 2007 a renaming which notably gives titular status to deregulation. Penny Wong is the current Minister for Finance and Deregulation.

Contents

Renaming to Minister for Finance and Deregulation

The renaming of this portfolio to incorporate deregulation in its title coincided with the establishment of Prime Minister Kevin Rudd's first ministry. This also included the renaming of the Department of Finance as the Department of Finance and Deregulation.

List of Ministers for Finance and Deregulation

# Minister Party affiliation Period Prime
Minister		 Ministerial Title
1 Phillip Lynch Liberal Party 7 December 1976 – 19 November 1977 Fraser Minister for Finance
2 Eric Robinson 20 December 1977 – 23 February 1979
3 John Howard 23–27 February 1979
- Eric Robinson 27 February 1979 – 3 November 1980
4 Dame Margaret Guilfoyle 3 November 1980 – 11 March 1983
5 John Dawkins Australian Labor Party 11 March 1983 – 13 December 1984 Hawke
6 Peter Walsh 13 December 1984 – 4 April 1990
7 Ralph Willis 4 April 1990 – 9 December 1991
8 Kim Beazley 9–20 December 1991
- 20–27 December 1991 Keating
- Ralph Willis 27 December 1991 – 23 December 1993
- Kim Beazley 23 December 1993 – 11 March 1996
9 John Fahey Liberal Party 11 March 1996 – 9 October 1997 Howard
- 9 October 1997 – 26 November 2001 Minister for Finance and Administration
10 Nick Minchin 26 November 2001 – 3 December 2007
11 Lindsay Tanner Australian Labor Party 3 December 2007 – 24 June 2010 Rudd Minister for Finance and Deregulation
- 24 June 2010 – 3 September 2010 Gillard
12 Wayne Swan 3–14 September 2010
13 Penny Wong 14 September 2010 –

Ministers for Administrative Services

The first minister for Administrative Services was Fred Daly, although the portfolio was titled Minister for Services and Property from December 1972 until October 1975. The portfolio was abolished with the resignation of David Jull on 25 September 1997 and its responsibilities were absorbed into the portfolio of Finance and Administration on 6 October 1997.

Minister Party affiliation Period Prime
Minister		 Ministerial Title
Fred Daly Australian Labor Party 19 December 1972 – 7 October 1975 Whitlam Minister for Services and Property
7 October 1975 – 11 November 1975 Minister for Administrative Services
Tom Drake-Brockman Liberal Party 12 November 1975 – 22 December 1975 Fraser
Reg Withers 22 December 1975 – 7 August 1978
Peter Durack 7–25 August 1978
Fred Chaney 25 August 1978 – 5 December 1978
John McLeay 5 December 1978 – 3 November 1980
Kevin Newman 3 November 1980 – 11 March 1983
John Brown Australian Labor Party 11 March 1983 – 13 December 1984 Hawke
Tom Uren 13 December 1984 – 24 July 1987 Minister for Local Government and Administrative Services
Stewart West 24 July 1987 – 4 April 1990 Minister for Administrative Services
Nick Bolkus 4 April 1990 – 20 December 1991
20 December 1991 – 24 March 1993 Keating
Bob McMullan 24 March 1993 – 30 January 1994 Minister for the Arts and Administrative Services
30 January 1994 – 25 March 1994 Minister for Administrative Services
Frank Walker 25 March 1994 – 11 March 1996
David Jull Liberal Party 11 March 1996 – 25 September 1997 Howard

See also

References

External links