Treasurer of New South Wales

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.

Treasurer of New South Wales
Incumbent
Daniel Mookhey
since 28 March 2023 (2023-03-28)
New South Wales Treasury
StyleThe Honourable
Member of
Reports toPremier of New South Wales
Seat52 Martin Place, Sydney
NominatorPremier of New South Wales
AppointerGovernor of New South Wales
on the advice of the premier
Term lengthAt the Governor's pleasure
Formation24 April 1824
First holderWilliam Balcombe (as Colonial Treasurer of New South Wales)
The old Treasury Building, designed by Mortimer Lewis (1849). The Treasury building was completed by Edmund Blacket and opened on the 17 October 1851. The Treasury moved to the State Office Block in 1967. In 1995 the Treasury moved to Governor Macquarie Tower in Farrer Place.

The current Treasurer, since 28 March 2023 is Daniel Mookhey.[1]

Each year, the Treasurer presents the NSW Budget to the Parliament. In some other countries the equivalent role is the Minister for Finance, although NSW has had a separate office of that name responsible for regulating government spending. For 103 years the Treasurer was originally known as the 'Colonial Treasurer', however the 'Colonial' word was removed with the passing of the Ministers of the Crown Act 1959 (NSW) from 1 April 1959.[2]

Treasurers Forster, Stuart, Dibbs, Jennings, Reid, Lyne, Waddell, Carruthers, McGowen, Holman, Fuller, Lang, Bavin, Stevens, Mair, McKell, McGirr, Cahill, Heffron, Renshaw, Askin, Lewis, Willis, Wran, Greiner, Fahey and Iemma were also Premier during some or all of their period as Treasurer. By convention, the Treasurer is usually a member of the Legislative Assembly.[3] The exception to this were Treasurers Egan, Costa, Roozendaal and currently Mookhey, who were members of the Legislative Council during their tenure as Treasurer. Egan is the longest serving Treasurer of New South Wales.

The Treasurer administers his or her portfolio responsibilities through The Treasury cluster, and in particular The Treasury and a range of other government agencies.[4]

List of treasurers

OrdinalMinister [5]PartyTitleTerm startTerm endTime in officeNotes
1William BalcombePrior to responsible governmentColonial Treasurer24 April 182419 March 18294 years, 329 days[6]
William DumaresqActing Colonial Treasurer1 April 182931 July 1829121 days[6][7]
2Campbell RiddellColonial Treasurer23 August 18305 June 185625 years, 287 days[8]
Pieter CampbellActing for the Colonial Treasurer1 March 18398 May 18412 years, 68 days[9]
Francis MerewetherActing Colonial Treasurer26 January 185427 February 18562 years, 32 days[10]
3Thomas HoltNo partyColonial Treasurer6 June 185625 August 185680 days[11]
4Robert Campbell26 August 18562 October 185637 days[12]
5Stuart Donaldson3 October 18567 September 1857339 days[13]
6Richard Jones7 September 18573 January 1858118 days[14]
(4)Robert Campbell4 January 185830 March 18591 year, 85 days[12]
7Elias Weekes18 April 185926 October 1859191 days[15]
8Saul Samuel27 October 18598 March 1860133 days[16]
(7)Elias Weekes9 March 186020 March 18633 years, 11 days[15]
9Thomas Smart21 March 186315 October 1863208 days[17]
10Geoffrey Eagar16 October 18632 February 18651 year, 109 days[18]
(9)Thomas Smart3 February 186519 October 1865258 days[17]
(8)Saul Samuel20 October 18653 January 186675 days[16]
11Marshall Burdekin4 January 186621 January 186617 days[19]
(10)Geoffrey Eagar22 January 186626 October 18682 years, 278 days[18]
(8)Saul Samuel27 October 186815 December 18702 years, 49 days[16]
12George Lord16 December 187013 May 18721 year, 149 days[20]
13William Piddington14 May 18724 December 1872204 days[21]
14George Lloyd5 December 18728 February 18752 years, 65 days[22]
15William Forster9 February 18757 February 1876363 days[23]
16Alexander Stuart8 February 187621 March 18771 year, 41 days[24]
(13)William Piddington22 March 187716 August 1877147 days[21]
17William Long17 August 187717 December 1877122 days[25]
18Henry Cohen18 December 187720 December 18781 year, 2 days[26]
19James Watson21 December 18784 January 18834 years, 14 days[27]
20George Dibbs5 January 188321 December 18852 years, 350 days[28]
21John Burns22 December 188525 February 188665 days[29]
22Sir Patrick Jennings26 February 188619 January 1887327 days[30]
(21)John Burns Protectionist20 January 188716 January 18891 year, 362 days[29]
23James Garvan Free Trade17 January 18897 March 188949 days
24William McMillan8 March 188927 July 18912 years, 141 days
25Bruce Smith14 August 189122 October 189169 days
26John See Protectionist23 October 18912 August 18942 years, 283 days
27George Reid Free Trade3 August 18943 July 18994 years, 334 days
28Joseph Carruthers3 July 189913 September 189972 days
29Sir William Lyne Protectionist15 September 189920 March 19011 year, 186 days
30Thomas Waddell10 April 190129 August 19043 years, 141 days
(28)Sir Joseph Carruthers Liberal Reform29 August 19041 October 19073 years, 33 days
(30)Thomas Waddell2 October 190720 October 19103 years, 18 days
31James McGowen Labor21 October 191026 November 19111 year, 36 days
32John Dacey27 November 191111 April 1912136 days
33Campbell Carmichael17 April 19125 May 191218 days
34John Cann6 May 191229 January 19141 year, 268 days
35William Holman29 January 191415 November 19164 years, 274 days
 Nationalist15 November 191630 October 1918
36John Fitzpatrick30 October 191812 April 19201 year, 165 days
37Jack Lang Labor12 April 192020 December 19211 year, 252 days
38Sir Arthur Cocks Nationalist20 December 192120 December 1921 7 hours
(37)Jack Lang Labor20 December 192113 April 1922114 days
(38)Sir Arthur Cocks Nationalist13 April 192214 February 19252 years, 307 days
39George Fuller14 February 192517 June 1925123 days
(37)Jack Lang Labor17 June 192518 October 19272 years, 123 days
40Thomas Bavin Nationalist18 October 192715 April 19291 year, 179 days
41Bertram Stevens16 April 19293 November 19301 year, 201 days[31]
(37)Jack Lang Labor4 November 193015 October 19311 year, 191 days
 Labor (NSW)15 October 193113 May 1932
(41)Bertram Stevens United Australia16 May 193213 October 19386 years, 150 days[31]
42Alexander Mair13 October 193816 August 1939307 days
43Athol Richardson16 August 193916 May 19411 year, 273 days
44Bill McKell Labor16 May 19416 February 19475 years, 266 days[32]
45James McGirr6 February 19473 April 19525 years, 57 days
46Joseph Cahill3 April 19521 April 19597 years, 203 days
Treasurer1 April 195922 October 1959
47Bob Heffron23 October 195928 October 19595 days
48Jack Renshaw28 October 195913 May 19655 years, 197 days
49Sir Robert Askin Liberal13 May 19653 January 19759 years, 235 days
50Tom Lewis3 January 197523 January 19761 year, 20 days
51Sir Eric Willis23 January 197614 May 1976112 days
(48)Jack Renshaw Labor14 May 197629 February 19803 years, 291 days
52Neville Wran29 February 19802 October 19811 year, 216 days
53Ken Booth2 October 198121 March 19886 years, 175 days
54Nick Greiner Liberal25 March 198824 June 19924 years, 91 days
55John Fahey24 June 199226 May 1993336 days
56Peter Collins26 May 19934 April 19951 year, 313 days
57Michael Egan Labor4 April 199521 January 20059 years, 292 days
58Andrew Refshauge21 January 20053 August 2005194 days
59Morris Iemma3 August 200517 February 2006198 days
60Michael Costa17 February 20065 September 20082 years, 204 days
61Eric Roozendaal8 September 200828 March 20112 years, 208 days
62Mike Baird Liberal4 April 201123 April 20143 years, 19 days
63Andrew Constance23 April 20142 April 2015344 days
64Gladys Berejiklian2 April 201530 January 20171 year, 303 days
65Dominic Perrottet30 January 20175 October 20214 years, 248 days[33]
66Matt Kean5 October 202128 March 20231 year, 174 days[34]
67Daniel Mookhey Labor28 March 2023incumbent1 year, 106 days

Former ministerial titles

Assistant Treasurers

The Assistant Treasurer, when in use and along with the Minister for Finance, effectively acted as Deputy to the Treasurer. In January 1914, Henry Hoyle was appointed as an Honorary Minister in Holman ministry, charged with the duties of Colonial Treasurer, which was held by Premier Holman, but Hoyle was often referred to as the "Assistant Treasurer".[35][36][37]

From 1925–1929 there existed the office of "Assistant Colonial Treasurer". However this office was abolished and when it returned in 1933, it was titled as "Assistant Treasurer". The Assistant Treasurer is not an essential cabinet post, often being appointed on an on-off basis, and there is no Assistant Treasurer at the present. Significantly, the role exists only when in use; there can be a lengthy period between successive holders of the title. The last Assistant Treasurer was John Della Bosca from 1999 to 2006. The title Minister for Finance is also used within New South Wales governments but that role is primarily made responsible for the Revenue collection and administration side of Governance.

Minister [5]PartyTitleTerm startTerm endTime in officeNotes
William Dick Liberal ReformMinister without portfolio
assisting the Treasurer
29 August 19041 October 19073 years, 33 days[38][39]
Henry Hoyle LaborMinister without portfolio
assisting the Treasurer
29 January 191431 October 19162 years, 276 days[40]
Bill McKell LaborAssistant Colonial Treasurer17 June 19257 June 19271 year, 355 days[32]
Robert Cruickshank19 September 192718 October 192729 days[41]
Bertram Stevens Nationalist18 October 192715 April 19291 year, 179 days[31]
Eric Spooner United AustraliaAssistant Treasurer15 February 193321 August 19352 years, 187 days[42]
Clive Evatt LaborAssistant Treasurer19 May 194723 February 19535 years, 280 days[43]
George Freudenstein CountryAssistant Treasurer11 March 197119 June 19721 year, 100 days[44]
Wal Fife Liberal19 June 19723 January 19752 years, 198 days[45]
Max Ruddock3 January 197510 October 1975280 days[46]
Peter Coleman10 October 197523 January 1976105 days[47]
Max Ruddock23 January 197614 May 1976112 days[46]
Ken Booth LaborAssistant Treasurer29 February 19802 October 19811 year, 216 days[48]
Phillip Smiles LiberalAssistant Treasurer1 February 19911 February 19921 year, 0 days[49]
George Souris National3 July 199226 May 1993327 days[50]
John Della Bosca LaborAssistant Treasurer8 April 199917 February 20066 years, 315 days[51]

See also

References