Wayne Maxwell Swan (born 30 June 1954) is an Australian politician who was the Deputy Prime Minister of Australia and the Deputy Leader of the Labor Party from 2010 to 2013, and the Treasurer of Australia from 2007 to 2013.
Swan was first elected to the House of Representatives in 1993 for Lilley in Queensland, although he lost this seat in 1996.
He regained the seat in 1998 and has represented it ever since. Following Labor's victory in 2007, Swan was appointed Treasurer of Australia by Prime Minister Kevin Rudd. On 24 June 2010, when Julia Gillard became Prime Minister of Australia and Leader of the Labor Party following the resignation of Kevin Rudd, Swan was elected unopposed to become Deputy Leader of the Labor Party, and was subsequently sworn in as the 14th Deputy Prime Minister of Australia.
Following a leadership spill in the Australian Labor Party held in June 2013, during which Kevin Rudd replaced Julia Gillard as Labor Leader, Swan resigned from all of his positions and returned to the backbench.
Swan was first elected as the Member for Lilley in the 1993 federal election, but was defeated three years later by Elizabeth Grace in what was a large defeat for Labor nationwide. In 1996, Swan donated $500–$1400 (amount disputed) to the Australian Democrats campaign manager in his seat of Lilley. At the time speculation surrounded the nature of the donation.
The matter was referred to the Australian Federal Police, who chose to take no further action. Following he worked as an advisor to Labor Leader Kim Beazley.
Swan contested Lilley again in the 1998 federal election, successfully regaining his seat. Shortly after his return to Parliament, he was elected to the Shadow Cabinet. He was made Shadow Minister for Family and Community Services in 1998, and then Manager of Opposition Business in 2001. During the 2003 Labor leadership election he was a prominent supporter of Kim Beazley.
Following Labor's landslide win in the 2007 federal election, Swan was duly appointed Treasurer of Australia by Prime Minister Kevin Rudd on 3 December 2007 succeeding Peter Costello.
On 24 June 2010, Deputy Prime Minister Julia Gillard challenged Kevin Rudd in a leadership election. Realising that he would be unable to win, Rudd resigned as Leader and Prime Minister and Gillard was elected unopposed. Swan stood to fill the now vacant position of Deputy Leader of the Labor Party, also being elected unopposed, and he was subsequently sworn in as Deputy Prime Minister under Gillard. Days later, Swan attended the G-20 Toronto summit in Gillard's place.
On 21 September 2011, Swan was named the World's Best Finance Minister by Euromoney magazine, joining Paul Keating as the only Australian Treasurers to have been conferred the title.
September 16, 2010