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Peter Rae

Peter Rae
AO
Senator for Tasmania
In office
1 July 1968 – 16 January 1986
Succeeded by Jocelyn Newman
Personal details
Born (1932-09-24) 24 September 1932 (age 84)
Launceston, Tasmania
Political party Liberal
Relations Elliot Peter Rae (Grandson).
Children Jamie Rae

Peter Elliot Rae AO (born 24 September 1932, Launceston, Tasmania) was an Australian Senator who represented the Liberal Party for the state of Tasmania. He served as a Senator for from 1967 until his resignation in January 1986. He was subsequently elected to the division of Bass in the Tasmanian House of Assembly at the February 1986 election.

Rae served as a Shadow Minister with portfolios that included Industry and Commerce, Finance, and Education and Science.

Rae led a four-year investigation of the capital markets of Australia, particularly the Stock Exchanges. The ‘Rae Report’ led to the establishment of what is now the Australian Securities and Investments Commission. He was also leader of several of the Australian delegations to European Parliament, the Council of Europe and NATO. Senator Rae worked to amend the Constitution Alteration (Senate Casual Vacancies) Bill 1977 to provide for direct election of replacement senators by Tasmanian-style countback, instead of the indirect party political appointment system that was eventually instituted.

Following his period as an elected member, Rae practiced law at Rae & Partners law firm in Tasmania. In the term 1993 - 2004 he served as Chair of the Hydro-Electric Commission.

In 1999 Rae was made an Officer of the Order of Australia "for service to business and commerce, to the Federal and Tasmanian Parliaments, and to the Aboriginal community of Flinders Island."

Since November 2003, Rae was Vice President of the World Wind Energy Association and became President in October 2015. Rae is also Honorary Chairman of the International Renewable Energy Alliance (REN Alliance) which is the world alliance of the major world renewable energy associations (bioenergy, hydro, wind, solar and geothermal). He is on the Board of several of the other Alliance partners.


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