Minister for Finance (Australia)

Template:Short description Template:Distinguish Template:Use Australian English Template:Use dmy dates Template:Infobox official post The Minister for Finance is a member of the Cabinet of Australia who is responsible for monitoring government expenditure and financial management. The current minister is Senator Katy Gallagher who has held the position since May 2022.

In the Government of Australia, the minister supplements the role of the Treasurer, being responsible for areas such as government expenditure, financial management, and the operations of government. The minister administers the portfolio through the Department of Finance.

The Finance Minister is in effect the deputy Treasurer (not to be confused with the Assistant Treasurer), as the Finance Minister acts as the Treasurer in the Treasurer's absence. Unlike the Treasurer, who by convention has been a member of the House of Representatives, the Finance Minister may come from either House of Parliament.

List of ministers

The portfolio was first created in 1977 by Malcolm Fraser's Liberal Party of Australia government as Minister for Finance. It was subsequently renamed Minister for Finance and Administration by John Howard's government in 1997, and as Minister for Finance and Deregulation by Kevin Rudd's government in 2007, then returning to Minister for Finance under Tony Abbott in 2013. It took on its current name under Scott Morrison in 2018; the Second Morrison Ministry removed Public Service from the portfolio in May 2019. The following individuals have been appointed as Minister for Finance or any precedent titles:<ref name=parl>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Order	Minister	Party affiliation		Prime Minister	Ministerial title	Term start	Term end	Term in office
1	Phillip Lynch	Template:Australian party style|	Liberal	Fraser	Minister for Finance	Template:Start date	Template:End date	Template:Age in days days
2	Eric Robinson	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
3	John Howard	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in days days
n/a	Eric Robinson	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
4	Dame Margaret Guilfoyle	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
5	John Dawkins	Template:Australian party style|	Labor	Hawke		Template:Start date	Template:End date	Template:Age in years and days
6	Peter Walsh	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
7	Ralph Willis	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
8	Kim Beazley	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in days days
		Template:Australian party style|		Keating		Template:Start date	Template:End date
n/a	Ralph Willis	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
n/a	Kim Beazley	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
9	John Fahey	Template:Australian party style|	Liberal	Howard		Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|			Minister for Finance and Administration	Template:Start date	Template:End date
10	Nick Minchin	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
11	Lindsay Tanner	Template:Australian party style|	Labor	Rudd	Minister for Finance and Deregulation	Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|		Gillard		Template:Start date	Template:End date
12	Wayne Swan	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in days days
13	Penny Wong	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|		Rudd		Template:Start date	Template:End date
14	Mathias CormannTemplate:Ref	Template:Australian party style|	Liberal	Abbott	Minister for Finance	Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|		Turnbull		Template:Start date	Template:End date
		Template:Australian party style|		Morrison	Minister for Finance and the Public Service	Template:Start date	Template:End date
		Template:Australian party style|			Minister for Finance	Template:Start date	Template:End date
n/a	Scott MorrisonTemplate:Ref	Template:Australian party style |				Template:Start date	Template:End date	Template:Age in years and days
15	Simon BirminghamTemplate:Ref	Template:Australian party style |				Template:Start date		Template:Age in years and days
16	Katy Gallagher	Template:Australian party style |	Labor	Albanese		Template:Start date	Incumbent	Template:Age in years and days

Template:Ref Morrison was appointed as Minister for Finance by the Governor-General on Morrison's advice in March 2020, with both Morrison and Cormann holding the position of Minister for Finance until October 2020, and then Morrison and Birmingham until May 2022. However, the appointment of Morrison was not made public until August 2022.

Notwithstanding Philip Lynch, John Howard and Wayne Swan who were Treasurers whilst serving as Finance Minister, two Finance Ministers who were from the House of Representatives, John Dawkins and Ralph Willis, then served as Treasurer. In addition John Fahey (served 1996-2001) had previously served as Treasurer of New South Wales when he was also Premier of that state and current minister Katy Gallagher had previously served as Treasurer of the Australian Capital Territory including when she was also the territory Chief Minister.

Former ministerial portfolios

List of ministers for administrative services

The first minister responsible 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. The following individuals have been appointed as Minister for Administrative Services, or any precedent titles:<ref name=parl/><ref name="Turnbull2nd-4thAR"/>

Order	Minister	Party affiliation		Prime Minister	Ministerial title	Term start	Term end	Term in office
1	Fred Daly	Template:Australian party style|	Labor	Whitlam	Minister for Services and Property	Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|			Minister for Administrative Services	Template:Start date	Template:End date
2	Tom Drake-Brockman	Template:Australian party style|	National	Fraser		Template:Start date	Template:End date	Template:Age in days days
3	Reg Withers	Template:Australian party style|	Liberal			Template:Start date	Template:End date	Template:Age in years and days
4	Peter Durack	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in days days
5	Fred Chaney	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in days days
6	John McLeay	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
7	Kevin Newman	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
8	John Brown	Template:Australian party style|	Labor	Hawke		Template:Start date	Template:End date	Template:Age in years and days
9	Tom Uren	Template:Australian party style|			Minister for Local Government and Administrative Services	Template:Start date	Template:End date	Template:Age in years and days
10	Stewart West	Template:Australian party style|			Minister for Administrative Services	Template:Start date	Template:End date	Template:Age in years and days
11	Nick Bolkus	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|		Keating		Template:Start date	Template:End date
12	Bob McMullan	Template:Australian party style|			Minister for the Arts and Administrative Services	Template:Start date	Template:End date	Template:Age in years and days
		Template:Australian party style|			Minister for Administrative Services	Template:Start date	Template:End date
13	Frank Walker	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days
14	David Jull	Template:Australian party style|	Liberal	Howard		Template:Start date	Template:End date	Template:Age in years and days
15	John Fahey	Template:Australian party style|			Minister for Finance and Administration	Template:Start date	Template:End date	Template:Age in years and days
16	Nick Minchin	Template:Australian party style|				Template:Start date	Template:End date	Template:Age in years and days

List of assistant ministers for finance

The following individuals have been appointed as Assistant Minister for, or any precedent titles:<ref name=parl/><ref name="Turnbull2nd-4thAR">Template:Cite press release</ref>

Order	Minister	Party affiliation		Prime Minister	Ministerial title	Term start	Term end	Term in office
1	David Coleman	Template:Australian party style|	Liberal	Turnbull	Assistant Minister for Finance	Template:Start date	Template:End date	Template:Age in years and days

See also

• Department of Finance
• Assistant Treasurer of Australia
• Minister for Financial Services
• Minister for Finance (New South Wales)
• Minister for Finance (Victoria)
• Minister for Finance (Western Australia)

External links

• Template:Official website