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. 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.

Assistant Treasurer of Australia
Incumbent
Stephen Jones
since 1 June 2022 (2022-06-01)
Department of the Treasury
StyleThe Honourable
Reports toPrime Minister
SeatCanberra, ACT
NominatorPrime Minister
AppointerGovernor-General
on the advice of the prime minister
Term lengthAt the Governor-General's pleasure
Formation6 January 1932 (1932-01-06)
First holderStanley Bruce
Websiteministers.treasury.gov.au/ministers/stephen-jones-2022

List of assistant treasurers

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The following individuals have been appointed as Assistant Treasurer, or any precedent titles:[1]

Order Minister Party Prime Minister Title Term start Term end Term in office
1 Stanley Bruce UAP Lyons Assistant Treasurer 6 January 1932 (1932-01-06) 29 June 1932 (1932-06-29) 175 days
2 Richard Casey UAP Lyons Assistant Treasurer 12 October 1934 (1934-10-12) 3 October 1935 (1935-10-03) 356 days
3 Allan MacDonald UAP Lyons Minister Assisting the Treasurer 7 November 1938 (7 November 1938) 7 April 1939 (1939-04-07) 170 days
Page 7 April 1939 (7 April 1939) 26 April 1939 (1939-04-26)
4 Percy Spender Menzies 26 April 1939 (1939-04-26) 3 November 1939 (1939-11-03) 191 days
5 Arthur Fadden Country Menzies Minister Assisting the Treasurer 14 August 1940 (1940-08-14) 28 October 1940 (1940-10-28) 75 days
6 Larry Anthony 28 October 1940 (1940-10-28) 26 June 1941 (1941-06-26) 241 days
7 George Gear Labor Keating Assistant Treasurer 24 March 1993 (1993-03-24) 11 March 1996 (1996-03-11) 2 years, 353 days
8 Jim Short Liberal Howard 11 March 1996 (1996-03-11) 14 October 1996 (1996-10-14) 217 days
9 Rod Kemp 14 October 1996 (1996-10-14) 25 November 2001 (2001-11-25) 5 years, 42 days
10 Helen Coonan Minister for Revenue and Assistant Treasurer 26 November 2001 (2001-11-26) 17 July 2004 (2004-07-17) 2 years, 234 days
11 Mal Brough 18 July 2004 (2004-07-18) 26 January 2006 (2006-01-26) 1 year, 192 days
12 Peter Dutton 27 January 2006 (2006-01-27) 3 December 2007 (2007-12-03) 1 year, 310 days
13 Chris Bowen Labor Rudd Assistant Treasurer
Minister for Competition Policy and Consumer Affairs
3 December 2007 (2007-12-03) 8 June 2009 (2009-06-08) 1 year, 187 days
14 Nick Sherry Assistant Treasurer 9 June 2009 (2009-06-09) 24 June 2010 (2010-06-24) 1 year, 97 days
Gillard 24 June 2010 (2010-06-24) 14 September 2010 (2010-09-14)
15 Bill Shorten Assistant Treasurer
Minister for Financial Services & Superannuation
14 September 2010 (2010-09-14) 14 December 2011 (2011-12-14) 1 year, 91 days
16 Mark Arbib Assistant Treasurer 14 December 2011 (2011-12-14) 5 March 2012 (2012-03-05) 82 days
17 David Bradbury Assistant Treasurer
Minister Assisting for Financial Services & Superannuation
5 March 2012 (2012-03-05) 27 June 2013 (2013-06-27) 1 year, 197 days
Rudd 27 June 2013 (2013-06-27) 18 September 2013 (2013-09-18)
18 Arthur Sinodinos Liberal Abbott Assistant Treasurer 18 September 2013 (2013-09-18) 19 December 2014 (2014-12-19) 1 year, 92 days
19 Josh Frydenberg 23 December 2014 (2014-12-23) 15 September 2015 271 days
Turnbull 15 September 2015 (2015-09-15) 21 September 2015 (2015-09-21)
20 Kelly O'Dwyer 21 September 2015 (2015-09-21) 19 July 2016 (2016-07-19) 2 years, 341 days
Minister for Revenue and Financial Services 19 July 2016 (2016-07-19) 28 August 2018 (2018-08-28)
21 Stuart Robert Morrison Assistant Treasurer 28 August 2018 (2018-08-28) 29 May 2019 (2019-05-29) 274 days
22 Michael Sukkar 29 May 2019 (2019-05-29) 23 May 2022 (2022-05-23) 2 years, 359 days
23 Stephen Jones Labor Albanese Assistant Treasurer
Minister for Financial Services
1 June 2022 (2022-06-01) Incumbent 2 years, 171 days

List of ministers for financial services

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The following individuals have been appointed as Minister for Financial Services, or any precedent titles:[2]

Order Minister Party Prime Minister Title Term start Term end Term in office
1 Joe Hockey Liberal Howard Minister for Financial Services and Regulation 21 October 1998 (1998-10-21) 26 November 2001 (2001-11-26) 3 years, 36 days
2 Nick Sherry   Labor Rudd Minister for Superannuation and Corporate Law 3 December 2007 (2007-12-03) 9 June 2009 (2009-06-09) 1 year, 188 days
3 Chris Bowen   Minister for Financial Services, Superannuation and Corporate Law 9 June 2009 (2009-06-09) 24 June 2010 (2010-06-24) 1 year, 97 days
Gillard 24 June 2010 (2010-06-24) 14 September 2010 (2010-09-14)
4 Bill Shorten   Minister for Financial Services and Superannuation 14 September 2010 (2010-09-14) 27 June 2013 (2013-06-27) 2 years, 290 days
Rudd 27 June 2013 (2013-06-27) 1 July 2013 (2013-07-01)
5 David Bradbury   Minister Assisting for Financial Services and Superannuation 1 July 2013 (2013-07-01) 18 September 2013 (2013-09-18) 83 days
6 Kelly O'Dwyer Liberal Turnbull Minister for Revenue and Financial Services 19 July 2016 (2016-07-19) 28 August 2018 (2018-08-28) 2 years, 40 days
7 Jane Hume Liberal Morrison Minister for Superannuation, Financial Services and the Digital Economy 22 December 2020 (2020-12-22) 23 May 2022 (2022-05-23) 1 year, 152 days
8 Stephen Jones Labor Albanese Assistant Treasurer
Minister for Financial Services
1 June 2022 (2022-06-01) Incumbent 2 years, 171 days

Former ministerial titles

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List of ministers for competition policy and consumer affairs

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The Competition and Consumer Act 2010 (formerly the Trade Practices Act 1974) is administered by the Treasurer through the Australian Competition and Consumer Commission, but was formerly administered by other ministers. The following individuals were appointed as ministers with responsibility for competition and consumer affairs matters:[3]

Order Minister Party Prime Minister Title Term start Term end Term in office
1 Lionel Murphy   Labor Whitlam Attorney-General 19 December 1972 (1972-12-19) 10 February 1975 (1975-02-10) 2 years, 53 days
2 Clyde Cameron   Labor Whitlam Minister for Science and Consumer Affairs 6 June 1975 (1975-06-06) 11 November 1975 (1975-11-11) 158 days
3 Sir Bob Cotton Liberal Fraser 11 November 1975 (1975-11-11) 22 December 1975 (1975-12-22) 41 days
4 John Howard Minister for Business and Consumer Affairs 22 December 1975 (1975-12-22) 17 July 1977 (1977-07-17) 1 year, 207 days
5 Wal Fife 17 July 1977 (1977-07-17) 8 December 1979 (1979-12-08) 2 years, 144 days
6 Sir Victor Garland 8 December 1979 (1979-12-08) 3 November 1980 (1980-11-03) 331 days
7 John Moore 3 November 1980 (1980-11-03) 20 April 1982 (1982-04-20) 1 year, 168 days
8 Neil Brown 20 April 1982 (1982-04-20) 11 January 1983 (1983-01-11) 325 days
9 Barry Cohen Labor Hawke Minister for Home Affairs and the Environment 11 January 1983 (1983-01-11) 13 December 1984 (1984-12-13) 1 year, 277 days
10 Peter Staples Labor Hawke Minister for Consumer Affairs 24 July 1987 (1987-07-24) 15 February 1988 (1988-02-15) 206 days
11 Nick Bolkus 15 February 1988 (1988-02-15) 4 April 1990 (1990-04-04) 2 years, 48 days
12 Michael Tate Minister for Justice and Consumer Affairs 4 April 1990 (1990-04-04) 20 December 1991 (1991-12-20) 2 years, 53 days
Keating 20 December 1991 (1991-12-20) 27 May 1992 (1992-05-27)
13 Jeannette McHugh Minister for Consumer Affairs 27 May 1992 (1992-05-27) 11 March 1996 (1996-03-11) 3 years, 289 days
14 Geoff Prosser Liberal Howard Minister for Small Business and Consumer Affairs 11 March 1996 (1996-03-11) 18 July 1997 (1997-07-18) 1 year, 129 days
15 Chris Ellison Minister for Customs and Consumer Affairs 18 July 1997 (1997-07-18) 9 October 1997 (1997-10-09) 83 days
16 Warren Truss Nationals 9 October 1997 (1997-10-09) 21 October 1998 (1998-10-21) 1 year, 12 days
17 Joe Hockey Liberal Minister for Financial Services and Regulation 21 October 1998 (1998-10-21) 26 November 2001 (2001-11-26) 3 years, 36 days
18 Chris Bowen Labor Rudd Minister for Competition Policy and Consumer Affairs 3 December 2007 (2007-12-03) 9 June 2009 (2009-06-09) 1 year, 188 days
19 Craig Emerson 9 June 2009 (2009-06-09) 20 June 2010 (2010-06-20) 1 year, 97 days
Gillard 20 June 2010 (2010-06-20) 14 September 2010 (2010-09-14)
(19) Craig Emerson Labor Gillard Minister for Trade and Competitiveness 5 March 2012 (2012-03-05) 27 June 2013 (2013-06-27) 1 year, 114 days
20 David Bradbury Rudd Minister for Competition Policy and Consumer Affairs 1 July 2013 (2013-07-01) 18 September 2013 (2013-09-18) 79 days

Assistant ministers

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The following individuals have been appointed as Assistant Minister for Competition, Charities and Treasury, or preceding titles:[1]

Order Minister Party Prime Minister Title Term start Term end Term in office
1 Brian Gibson Liberal Howard Parliamentary Secretary to the Treasurer 11 March 1996 (1996-03-11) 15 October 1996 (1996-10-15) 218 days
2 Ian Campbell 11 November 1996 (1996-11-11) 21 October 1998 (1998-10-21) 1 year, 344 days
(2) Ian Campbell Liberal Howard Parliamentary Secretary to the Treasurer 26 November 2001 (2001-11-26) 7 October 2003 (2003-10-07) 1 year, 315 days
3 Ross Cameron 7 October 2003 (2003-10-07) 26 October 2004 (2004-10-26) 1 year, 19 days
4 Chris Pearce 26 October 2004 (2004-10-26) 3 December 2007 (2007-12-03) 3 years, 38 days
5 David Bradbury Labor Gillard Parliamentary Secretary to the Treasurer 14 September 2010 (2010-09-14) 5 March 2012 (2012-03-05) 1 year, 173 days
6 Bernie Ripoll 5 March 2012 (2012-03-05) 18 September 2013 (2013-09-18) 1 year, 197 days
Rudd
7 Steven Ciobo Liberal Abbott 18 September 2013 (2013-09-18) 23 December 2014 (2014-12-23) 1 year, 96 days
8 Kelly O'Dwyer 23 December 2014 (2014-12-23) 15 September 2015 (2015-09-15) 266 days
9 Alex Hawke Turnbull Assistant Minister to the Treasurer 25 September 2015 (2015-09-25) 18 July 2016 (2016-07-18) 297 days
10 Michael Sukkar Liberal Turnbull Assistant Minister to the Treasurer 24 January 2017 (2017-01-24) 21 August 2018 (2018-08-21) 1 year, 209 days
11 Zed Seselja Morrison Assistant Minister for Treasury and Finance 28 August 2018 (2018-08-28) 29 May 2019 (2019-05-29) 274 days
12 Jane Hume Assistant Minister for Superannuation, Financial Services and Financial Technology 29 May 2019 (2019-05-29) 22 December 2020 (2020-12-22) 1 year, 207 days
13 Andrew Leigh Labor Albanese Assistant Minister for Competition, Charities and Treasury 1 June 2022 (2022-06-01) Incumbent 2 years, 171 days

References

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  1. ^ a b "Past Treasury Ministers". The Treasury. Commonwealth of Australia. 2013. Retrieved 19 September 2013.
  2. ^ "Ministries and Cabinets". 43rd Parliamentary Handbook: Historical information on the Australian Parliament. Parliament of Australia. 2010. Archived from the original on 13 August 2014. Retrieved 9 July 2013.
  3. ^ "Ministries and Cabinets". 43rd Parliamentary Handbook: Historical information on the Australian Parliament. Parliament of Australia. 2010. Retrieved 9 July 2013.
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