Chris Bowen

The Honourable Chris Bowen MP


Shadow Treasurer of Australia
Incumbent
Assumed office 18 October 2013
Leader	Bill Shorten
Preceded by	Joe Hockey
Leader of the Opposition
In office 18 September 2013 – 13 October 2013
Monarch	Elizabeth II
Prime Minister	Tony Abbott
Deputy	Anthony Albanese
Preceded by	Tony Abbott
Succeeded by	Bill Shorten
Leader of the Labor Party
In office 13 September 2013 – 13 October 2013
Deputy	Anthony Albanese
Preceded by	Kevin Rudd
Succeeded by	Bill Shorten
Treasurer of Australia
In office 27 June 2013 – 18 September 2013
Prime Minister	Kevin Rudd
Preceded by	Wayne Swan
Succeeded by	Joe Hockey
Minister for Small Business
In office 4 February 2013 – 22 March 2013
Prime Minister	Julia Gillard
Preceded by	Brendan O'Connor
Succeeded by	Gary Gray
Minister for Immigration and Citizenship
In office 14 September 2010 – 4 February 2013
Prime Minister	Julia Gillard
Preceded by	Chris Evans
Succeeded by	Brendan O'Connor
Minister for Financial Services, Superannuation and Corporate Law
In office 9 June 2009 – 14 September 2010
Prime Minister	Kevin Rudd Julia Gillard
Preceded by	Nick Sherry
Succeeded by	Bill Shorten
Assistant Treasurer of Australia
In office 3 December 2007 – 8 June 2009
Prime Minister	Kevin Rudd
Preceded by	Peter Dutton
Succeeded by	Nick Sherry
Member of the Australian Parliament for McMahon
Incumbent
Assumed office 21 August 2010
Preceded by	Division Created
Member of the Australian Parliament for Prospect
In office 9 October 2004 – 21 August 2010
Preceded by	Janice Crosio
Succeeded by	Division Abolished
Personal details
Born	Christopher Eyles Bowen (1973-01-17) 17 January 1973 Sydney, Australia
Political party	Labor Party
Spouse(s)	Rebecca Mifsud
Children	2
Alma mater	University of Sydney
Profession	Politician
Website	Official website

Christopher Eyles Bowen (born 17 January 1973) is an Australian politician who is the current Shadow Treasurer of Australia. Bowen is a senior Labor Right figure.^[1] He was briefly the Acting Leader of the Labor Party and Leader of the Opposition in 2013 after Labor lost the federal election.^[2] Before this he served in a number of positions in the Rudd and Gillard Governments, including as Minister for Financial Services, Minister for Immigration and Citizenship, and Treasurer. He was first elected to the House of Representatives in 2004 for Prospect, however the seat was abolished and he has represented McMahon since 2010.

Early years and background

Bowen was educated at Smithfield Public School, St Johns Park High School and the University of Sydney, where he graduated with a Bachelor of Economics. He was elected to Fairfield City Council in 1995 and was Mayor of Fairfield in 1998 and 1999. He was elected President of the Western Sydney Regional Organisation of Councils (WSROC) in 1999 and served as President until 2001. Bowen has openly stated that he is an atheist.^[3]

Political career

In 2004, Bowen was elected to the House of Representatives replacing Janice Crosio after she retired after 25 years in both state and federal politics.

In 2006, Bowen was appointed to the Labor front bench as Shadow Assistant Treasurer and Shadow Minister for Revenue and Competition Policy. In December 2007 Prime Minister Kevin Rudd appointed him Assistant Treasurer and Minister for Competition Policy and Consumer Affairs. In June 2009 Bowen was promoted to cabinet as Minister for Financial Services, Superannuation and Corporate Law and Minister for Human Services.

In April 2010 Bowen announced significant reforms to the financial services sector including banning of commissions for financial planners giving advice on retail investment products including superannuation, managed investments and margin loans; instituting a statutory fiduciary duty so that financial advisers must act in the best interests of their clients, and increasing the powers of the corporate regulator; the Australian Securities and Investments Commission.^[4] The reforms were partially a response to the high profile collapse of Storm Financial, Westpoint and Opes Prime and the resultant losses for retail investors, but also reflected global concerns with financial governance following the Global Financial crisis of 2007–2010.^[5] The reforms are due to be fully implemented on 1 July 2013.

In September 2010, Bowen was appointed Minister for Immigration and Citizenship, succeeding Senator Chris Evans.^[6] On 2 February 2013, Bowen replaced Evans as Minister for Tertiary Education, Skills, Science and Research. Evans was also Minister for Small Business.^[7]

Chris Bowen resigned his ministerial portfolios on 22 March 2013 after he supported an unsuccessful attempt to reinstall Kevin Rudd as Prime Minister.

Following the June 2013 leadership spill, Bowen was reinstated as a Cabinet Minister and given the portfolio of Treasurer. He was sworn in on 27 June 2013. He also has been given responsibility for financial services and superannuation, including carriage of the MySuper and other Simple Super reforms previously held by Bill Shorten.

Bowen was appointed Acting Leader of the Labor Party on 13 September 2013 following the resignation of Kevin Rudd in the wake of the party's defeat in the 2013 federal election. Bowen pledged not to stand in the October 2013 leadership spill which was contested by Anthony Albanese and Bill Shorten.^[8] Shorten was elected as leader.^[9]^[10] Bowen was later appointed Shadow Treasurer by Bill Shorten.

Bibliography

Non-fiction

Hearts and Minds: A Blueprint for Modern Labor (2013)^[11]

References

↑ "Bowen backs out of Labor leadership race, leaving spot open to Shorten and Albanese". ABC News (Australia). 9 September 2015. Retrieved 12 May 2015.
↑ "Chris Bowen named interim Labor leader". 13 September 2013.
↑ "Q: What do these MPs have in common? A: They are out and proud atheists". The Sydney Morning Herald. 14 March 2010. Retrieved 12 October 2013.
↑ Chris Bowen. "Overhaul of Financial Advice [26/04/2010]". Ministers.treasury.gov.au. Retrieved 2013-07-01.
↑ "PM - Changes to financial planning laws will inject billions into the economy 26/04/2010". Abc.net.au. 2013-05-04. Retrieved 2013-07-01.
↑ Archived 22 September 2010 at the Wayback Machine.
↑ http://www.pm.gov.au/press-office/changes-ministry-1
↑ "Chris Bowen named interim Labor leader". 13 September 2013.
↑ Harrison, Dan. "Bill Shorten elected Labor leader". Sydney Morning Herald. Retrieved 13 October 2013.
↑ Griffiths, Emma (13 October 2013). "Bill Shorten elected Labor leader over Anthony Albanese after month-long campaign". ABC News. Australia. Retrieved 15 October 2013.
↑ https://www.mup.com.au/items/128283

External links

Chris Bowen's official website

Search or browse Hansard for Chris Bowen at OpenAustralia.org
Profile on the Parliament of Australia website
Summary of parliamentary voting for Chris Bowen MP on TheyVoteForYou.org.au

Parliament of Australia
Preceded by Janice Crosio	Member of Parliament for Prospect 2004–2010	Succeeded by Constituency Abolished
Preceded by Constituency Created	Member of Parliament for McMahon 2010–present	Incumbent
Political offices
Preceded by Peter Dutton	Assistant Treasurer of Australia 2007–2009	Succeeded by Nick Sherry
Preceded by Nick Sherry	Minister for Financial Services 2009–2010	Succeeded by Bill Shorten
Preceded by Chris Evans	Minister for Immigration and Citizenship 2010–2013	Succeeded by Brendan O'Connor
Preceded by Brendan O'Connor	Minister for Small Business 2013	Succeeded by Gary Gray
Preceded by Wayne Swan	Treasurer of Australia 2013	Succeeded by Joe Hockey
Preceded by Tony Abbott	Acting Leader of the Opposition 2013	Succeeded by Bill Shorten
Preceded by Joe Hockey	Shadow Treasurer of Australia 2013–present	Incumbent
Party political offices
Preceded by Kevin Rudd	Acting Leader of the Labor Party 2013	Succeeded by Bill Shorten

(Howard ←) First Rudd Cabinet (→ Gillard)

Prime Minister: Kevin Rudd

Anthony Albanese Chris Bowen Tony Burke Kim Carr Stephen Conroy Simon Crean Chris Evans John Faulkner Martin Ferguson Joel Fitzgibbon Peter Garrett Julia Gillard Joe Ludwig Jenny Macklin Robert McClelland Nicola Roxon Stephen Smith Wayne Swan Lindsay Tanner Penny Wong

(Gillard ←) Gillard Cabinet (→ Rudd)

Prime Minister: Julia Gillard

Anthony Albanese Chris Bowen Tony Burke Mark Butler Bob Carr Kim Carr Jason Clare Greg Combet Stephen Conroy Simon Crean Mark Dreyfus Craig Emerson Chris Evans John Faulkner Martin Ferguson Peter Garrett Gary Gray Joe Ludwig Jenny Macklin Robert McClelland Brendan O'Connor Tanya Plibersek Nicola Roxon Kevin Rudd Bill Shorten Stephen Smith Wayne Swan Lindsay Tanner Penny Wong

(Gillard ←) Second Rudd Cabinet (→ Abbott)

Prime Minister: Kevin Rudd

Anthony Albanese Chris Bowen Tony Burke Mark Butler Bob Carr Kim Carr Jacinta Collins Julie Collins Mark Dreyfus Joel Fitzgibbon Gary Gray Catherine King Jenny Macklin Richard Marles Brendan O'Connor Tanya Plibersek Bill Shorten Stephen Smith Penny Wong

Australian Labor Party

Leaders	Chris Watson Andrew Fisher Billy Hughes Frank Tudor Matthew Charlton James Scullin John Curtin Ben Chifley H. V. Evatt Arthur Calwell Gough Whitlam Bill Hayden Bob Hawke Paul Keating Kim Beazley Simon Crean Mark Latham Kim Beazley Kevin Rudd Julia Gillard Kevin Rudd Bill Shorten

Deputy leaders	Gregor McGregor Billy Hughes George Pearce Albert Gardiner James Scullin Arthur Blakeley Ted Theodore Frank Forde H. V. Evatt Arthur Calwell Gough Whitlam Lance Barnard Jim Cairns Frank Crean Tom Uren Lionel Bowen Paul Keating Brian Howe Kim Beazley Gareth Evans Simon Crean Jenny Macklin Julia Gillard Wayne Swan Anthony Albanese Tanya Plibersek

Governments	Watson Fisher Hughes Curtin Forde Chifley Whitlam Hawke Keating Rudd I Gillard Rudd II

Ministries	Watson Fisher 1 Fisher 2 Fisher 3 Hughes Scullin Curtin 1 2 Forde Chifley 1 2 Whitlam 1 2 3 Hawke 1 2 3 4 Keating 1 2 Rudd 1 Gillard 1 2 Rudd 2

Shadow cabinets	Whitlam (1967–72) Whitlam (1975–77) Hayden Hawke Beazley (1996–2001) Crean Latham Beazley (2005–06) Rudd Shorten

State branches	Australian Capital Territory New South Wales Northern Territory Queensland South Australia Tasmania Victoria Western Australia

Party institutions	National Conference National Executive Australian Young Labor Australian Fabian Society Australian Labor Party Caucus Chifley Research Centre

Factions	Labor Right Labor Left Ferguson Left

History	History of the Australian Labor Party 1916 split 1931 split 1955 split 1975 Australian constitutional crisis Faceless men Industrial Groups The light on the hill Tree of Knowledge

Leadership spills	1991 (Jun) 1991 (Dec) 1996 2001 2003 2005 2006 2010 2012 2013 (Mar) 2013 (Jun) 2013 (Oct)

Leaders of the Australian Labor Party

Chris Watson Andrew Fisher Billy Hughes Frank Tudor Matthew Charlton James Scullin John Curtin Ben Chifley H. V. Evatt Arthur Calwell Gough Whitlam Bill Hayden Bob Hawke Paul Keating Kim Beazley Simon Crean Mark Latham Kim Beazley Kevin Rudd Julia Gillard Kevin Rudd Chris Bowen Bill Shorten

Current members of the Australian House of Representatives from New South Wales

Labor (24)	Anthony Albanese Sharon Bird Chris Bowen Tony Burke Linda Burney Jason Clare Sharon Claydon Pat Conroy Justine Elliot Joel Fitzgibbon Mike Freelander Chris Hayes Emma Husar Ed Husic Stephen Jones Mike Kelly Emma McBride Julie Owens Tanya Plibersek Michelle Rowland Anne Stanley Meryl Swanson Susan Templeman Matt Thistlethwaite

Liberal (16)	Tony Abbott John Alexander David Coleman Jason Falinski Paul Fletcher Alex Hawke Craig Kelly Craig Laundy Julian Leeser Sussan Ley Scott Morrison Ann Sudmalis Angus Taylor Malcolm Turnbull Lucy Wicks Trent Zimmerman

Nationals (7)	Mark Coulton Andrew Gee David Gillespie Luke Hartsuyker Kevin Hogan Barnaby Joyce Michael McCormack

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