Top Qs
Timeline
Chat
Perspective

Treasurer of Victoria

From Wikipedia, the free encyclopedia

Treasurer of Victoria
Remove ads

The Treasurer of Victoria is the title held by the Cabinet Minister who is responsible for the financial management of the budget sector in the Australian state of Victoria. This primarily includes:[1]

  • preparation and delivery of the annual State Budget;
  • revenue collection for Victoria, including stamp duty, payroll tax, financial institutions duty and land tax;
  • borrowing, investment and financial arrangements to hedge, protect or manage the State's financial interests;
  • promoting economic growth across Victoria; and
  • providing investment and fund management services to the State and its statutory authorities.

Quick Facts Style, Member of ...

By convention, the state treasurer is a member of the Legislative Assembly, the lower house of the Parliament of Victoria, as with the premier. This allows the treasurer to be present during debate on the budget and other financial legislation and is in line with the constitutional requirement that money bills originate from the lower house. However, in 2007 John Lenders was appointed treasurer from the Legislative Council, the first time the treasurer had been appointed from the upper house. As a result Lenders had to be "formally voted into the lower house to deliver his budget speech".[2]

On 19 December 2024, Jaclyn Symes was appointed treasurer of Victoria after Tim Pallas, the longest serving standalone treasurer in Victorian history,[3][4] retired from politics, with Symes becoming the first female treasurer in Victoria's history, and the second treasurer to sit in the Legislative Council.[5]

Remove ads

List of Colonial Treasurers

More information Order, MP ...

List of Victorian treasurers

More information Order, MP ...
  1. Charles Sladen was acting treasurer from December 1854.[10]
Remove ads

See also

References

Loading related searches...

Wikiwand - on

Seamless Wikipedia browsing. On steroids.

Remove ads