Treasurer of New South Wales

Treasurer of New South Wales
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 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.

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.

Current Premier Chris Minns is the seventh consecutive Premier who had not served as his own 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]

  1. ^ "The Hon. Daniel MOOKHEY, MLC". Parliament of New South Wales. Retrieved 30 March 2023.
  2. ^ "PFO-15 Colonial Treasurer (1856-1959) Treasurer (1959- )". NSW State Records & Archives. Retrieved 18 April 2021.
  3. ^ Young, John (Autumn 2014). "How many ministers do Australian upper houses have?" (PDF). Australasian Parliamentary Review. 29 (1): 87. Retrieved 8 October 2021.
  4. ^ "Administrative Arrangements (Administrative Changes—Public Service Agencies) Order 2019 [NSW] (159)" (PDF). Government Gazette of the State of New South Wales. 2 April 2019. p. 7-8. Retrieved 4 April 2019.