Peter Costello
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The Honourable Peter Costello AC |
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|---|---|
 |
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| Treasurer of Australia | |
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In office 11 March 1996 – 3 December 2007 |
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| Prime Minister | John Howard |
| Preceded by | Ralph Willis |
| Succeeded by | Wayne Swan |
| Deputy Leader of the Liberal Party | |
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In office 23 May 1994 – 29 November 2007 |
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| Leader |
Alexander Downer John Howard |
| Preceded by | Michael Wooldridge |
| Succeeded by | Julie Bishop |
| Member of the Australian Parliament for Higgins |
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In office 24 March 1990 – 19 October 2009 |
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| Preceded by | Roger Shipton |
| Succeeded by | Kelly O'Dwyer |
| Personal details | |
| Born |
Peter Howard Costello 14 August 1957 Melbourne, Australia |
| Nationality | Australian |
| Political party | Liberal Party of Australia |
| Spouse(s) | Tanya Costello (née Coleman) |
| Children | 3 |
| Alma mater | Monash University |
| Profession | Barrister |
| Religion | Anglican |
Peter Howard Costello, AC (born 14 August 1957), is an Australian former politician and lawyer who served as the Treasurer in the Australian Howard Government from 1996 to 2007. He is the longest-serving Treasurer in Australia's history. Costello was a Member of the Australian House of Representatives from 1990 to 2009, representing the Division of Higgins. He also served as the Deputy Leader of the Liberal Party from 1994 to 2007.
On 18 September 2008, Costello was appointed as chairman of the World Bank's new Independent Advisory Board (IAB) to provide advice on anti-corruption measures.
Costello was born on 14 August 1957 in Melbourne into a middle-class family of practising Christians. He was the second of three children: his elder brother, Tim Costello, is a prominent Baptist minister and former CEO of World Vision Australia. Costello was educated at Carey Baptist Grammar School and Monash University, where he studied arts and law, graduating with honours in 1982. Costello is a descendant of Leitrim, Ireland-born publican and disgraced politician Patrick Costello, who was expelled from the Parliament of Victoria.
During the 1980s, Costello was a solicitor at the law firm Mallesons Stephen Jaques, then became a barrister and represented employers in some of Australia's best known industrial relations disputes.
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