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Lindsay Tanner Biography
Lindsay James Tanner (born 24 April 1956) is a former Australian member of the House of Representatives representing the Division of Melbourne, Victoria, for the Australian Labor Party, having first won the seat at the 1993 federal election. He was a member of the Australian Government from 3 December 2007, serving as the Minister for Finance and Deregulation. On 24 June 2010 he announced his intention not to contest the 2010 federal election, at which his seat was won by the Greens. He has written several books and been an outspoken commentator on Australian culture and the direction and role of the Labor Party.
Lindsay Tanner was born in the East Gippsland town of Orbost. He studied at the local state primary school before obtaining a scholarship to Gippsland Grammar School in Sale, where he graduated as dux in 1973. He graduated from the University of Melbourne with a Bachelor of Laws with Honours and a Bachelor of Arts with Honours, and later a Master of Arts in History in 1981. While still at university, he co-wrote a book on environmental politics and worked as a casual layout and design artist. He was Editor of Farrago and a Member of the Melbourne University Law Review.
Tanner began his career as an articled clerk and solicitor at Holding Redlich Lawyers in Melbourne. In 1985, he became an electorate assistant to Labor senator Barney Cooney. He was Assistant State Secretary of the Federated Clerks’ Union from 1987, then State Secretary from 1988 until 1993.
In March 1993 Tanner was elected to the Australian House of Representatives representing the Division of Melbourne, and served one term as a government backbencher during Paul Keating’s final term as Prime Minister.
The Liberal Party under John Howard won the March 1996 election, and Keating subsequently retired from politics. A major reshuffle by new leader Kim Beazley resulted in Tanner’s promotion to the Shadow Ministry and appointment as Shadow Minister for Transport. He remained a member of the Shadow Ministry, despite numerous changes of leadership, continuously until the election of the Rudd Labor government in November 2007.
In 1998, Tanner was moved to the portfolios of Finance and Consumer Affairs. In 1999, he wrote a book entitled Open Australia, which explored how information technology could be used to enhance social justice and economic equality; and he also wrote a number of articles on targeted, “micro” ways of addressing globalisation and the decline of large-scale manufacturing, in which he suggested there was little substance to the notion put forward by neoclassical economists of a “simulated free market” in East Asian economies that explains their “emergence” (see 1997 Asian Financial Crisis). Following the 2001 election, he became Shadow Minister for Communications.
Tanner has been a prominent member of Labor’s left faction and it was thought that he might contest the Labor leadership in 2002, when former leader Kim Beazley first challenged Simon Crean. In the second leadership spill in December 2003, Tanner supported Beazley, who lost the party-room ballot to Mark Latham. The following month, Latham appointed Tanner to the new portfolio of Community Relationships, in addition to his existing responsibilities.
After the October 2004 federal election, Tanner was thought to be a candidate for the position of Shadow Treasurer, which had been vacated by Simon Crean. However, once it became clear that Latham did not intend to offer him this position, Tanner announced that he would not stand for a position in the new shadow ministry. He subsequently released a brief statement, stating that he had “no complaint about how Mark Latham has dealt with [him] personally”, but adding that he had “serious reservations about the emerging Labor response to our latest election defeat.” In June 2005, Tanner was re-elected to the Opposition frontbench and was appointed Shadow Minister for Finance.
The 2007 election saw Tanner’s seat of Melbourne face The Greens on the two-party-preferred vote, the first seat to do so at a federal election. Labor retained the seat on 54.7 percent of the two-party-preferred vote. After the successful election of the federal Labor Party, Prime Minister Kevin Rudd retained Tanner as Minister for Finance and Deregulation. The role had previously only been known as Minister for Finance and Administration.
His tenure as Member for Melbourne ceased on 19 July 2010 when the Parliament was dissolved prior to the 2010 federal election. He remained as Minister for Finance throughout the election campaign.
On 24 June 2010, during Julia Gillard’s first question time as Prime Minister, Tanner announced his intention to not re-contest his seat at the next election, citing that he wanted to spend more time at home with his family and stressing he had already planned to do so before the change in leadership.
Tanner has been appointed as a Vice Chancellor’s Fellow and Adjunct Professor at Victoria University, and a special adviser to financial firm Lazard Australia. In 2011, the Chartered Institute of Procurement and Supply (CIPS) accorded him the rare distinction of an Honorary Fellowship (FCIPS); the first to be bestowed outside of the UK.
Tanner was elected to the position of Chairman of the Essendon Football Club on 14 December 2015. Tanner is a long-standing supporter of the Bombers and was elected to the Board only 8 months earlier.
In 2016, Tanner joined the Investment Advisory Committee of Six Park, a Melbourne-based automated investment company offering financial advice and management.
On 15 November 2017 it was announced that Tanner was to be appointed a Non-Executive Director of Suncorp Group, effective 1 January 2017.
What's Lindsay Tanner Net Worth 2024
Net Worth (2024) | $1 Million (Approx.) |
Net Worth (2023) | Under Review |
Net Worth (2022) | Under Review |
Net Worth (2021) | Under Review |
Net Worth (2020) | Under Review |
Lindsay Tanner Family
Father's Name | Not Available |
Mother's Name | Not Available |
Siblings | Not Available |
Spouse | Not Available |
Childrens | Not Available |