Peter Costello

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Peter Costello is Chairman of ECG Financial Pty Ltd, a boutique corporate advisory firm, headquartered in Melbourne.

Peter Costello was elected a Member of the Australian House of Representatives for the seat of Higgins in March 1990 and re-elected on six subsequent occasions. Prior to entering Parliament, he was a barrister and was counsel in some of Australia’s best-known industrial disputes.

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 Costello brought down twelve consecutive Federal Budgets, including ten surpluses. During that period he eliminated Commonwealth Government debt in net terms. Australia’s credit rating was upgraded twice to AAA. Peter Costello 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.

During his time as Treasurer he: Re-designed financial supervision and established new prudential and consumer regulators; reformed and modernised Corporations law; established the Takeovers Panel to hear disputes over mergers and acquisitions; and introduced the largest reform of superannuation taxation with the abolition of tax on superannuation payouts for those over 60.

Since leaving Parliament in 2009 Mr Costello has served as Chairman of the Independent Advisory Board to the World Bank in Washington. He is a Director of the Nine Entertainment Corporation. He is Chairman of the Future Fund now holding over $100 billion in assets.

Peter is married to Tanya and they have three children. Peter holds degrees from Monash University BA, LLB (Hons), LLD (Honoris Causa) where he was, for a time, a part-time teacher in law and economics/politics, as well as a member of the University Council. Peter describes his favourite activity as cooking on the barbeque at home (badly) and following his beloved football team (passionately).


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Hon Peter Costello AC

  Travels from:
Melbourne, Australia

  Contact:
1300 884 485+61295183944

  Specialty Areas:
Economy & Finance Speakers, Business Speakers, Keynote Speakers, Speakers

  Date of Birth:
14 August 1957

  Place of Birth:
Melbourne Australia

  Alumni of:
Monash University

  Employed by:

  • ECG Financial Pty Ltd


  Affiliations:

  • Australian Liberal Party
  • Australian Government Future Fund
  • Independent Advisory Board to the World Bank
  • Nine Entertainment Corporation


  Awards:

  • Companion of the Order of Australia (2011)


Book:
  • The Costello Memoirs


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