The longest serving Treasurer in Australia's history
Peter Costello is a Company Director and a Corporate Advisor with the boutique firm ECG Financial Pty Ltd which advises on mergers and acquisitions, foreign investment, competition and regulatory issues. As a speaker, Peter is engaging, insightful and highly sought after.
In 1990, Peter was elected a Member of the Australian House of Representatives for the seat of Higgins. He was re-elected on six subsequent occasions.
Mr Costello was elected Deputy Leader of the Liberal Party of Australia in May 1994 and served in that post to November 2007.
He was Treasurer of the Commonwealth of Australia from 11 March 1996 to 3 December 2007, the longest serving Treasurer in Australia’s history. Peter brought down twelve consecutive Federal Budgets, including ten surpluses. During that period he eliminated Commonwealth Government debt in net terms. He introduced the largest tax reform in Australian history called: A New Tax System, which introduced GST, abolished seven taxes and reduced income, capital gains and company taxes.
After leaving Parliament Mr Costello served as Member and then Chairman of the Independent Advisory Board to the World Bank in Washington 2009-2014.
Now, Peter is Chairman of the Australian Future Fund and Chairman of the Nine Entertainment Corporation.
His best-selling book 'The Costello Memoirs' was published in 2008.