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Peter Costello
Peter Howard Costello (born 14 August 1957) is an Australian businessman, lawyer and former politician who served as the treasurer of Australia in Howard government, government of John Howard from 1996 to 2007. He is the longest-serving treasurer in Australia's history. Costello was a member of parliament (MP) of the Australian House of Representatives from 1990 to 2009, representing the Division of Higgins. He also served as the Liberal Party of Australia#Liberal federal deputy leaders, 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 served as Chairman of Nine Entertainment from February 2016 until June 2024. Costello is Chairman of the Board of Guardians of Australian Future Fund. Early life Costello was born on 14 August 1957 in Melbourne into a middle-class family of practising Christians. He was t ...
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The Honourable
''The Honourable'' (Commonwealth English) or ''The Honorable'' (American English; American and British English spelling differences#-our, -or, see spelling differences) (abbreviation: ''Hon.'', ''Hon'ble'', or variations) is an honorific Style (manner of address), style that is used as a prefix before the names or titles of certain people, usually with official governmental or diplomatic positions. Use by governments International diplomacy In international diplomatic relations, representatives of foreign states are often styled as ''The Honourable''. Deputy chiefs of mission, , consuls-general, consuls and honorary consuls are always given the style. All heads of consular posts, whether they are honorary or career postholders, are accorded the style according to the State Department of the United States. However, the style ''Excellency'' instead of ''The Honourable'' is used for ambassadors and high commissioners only. Africa Democratic Republic of the Congo In the Democrati ...
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Patrick Costello (Australian Politician)
Patrick Costello (18 March 1824 – 17 October 1896) was an Australian businessman and politician active in the Colony of Victoria. Costello was born in County Leitrim, Ireland. He arrived in Melbourne when he was 17, through an assisted migration scheme. Costello made his fortune as a builder and contractor during the gold rush, and built a large home in Carlton. He was elected to the Melbourne City Council in 1855. Costello ran for the Victorian Legislative Assembly in 1859 and 1861, standing in the seat of North Melbourne and running on a liberal platform which included support for secular education and opposition to the Masters and Servants Acts. He was successful on his second attempt. Costello was sworn into the Legislative Assembly on 31 August 1861, but was expelled two months later on 1 November after being convicted of electoral fraud. This was not in relation to his own election, but rather his actions in the Mornington seat, where he organised personation. Coste ...
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World Vision
The world is the totality of entities, the whole of reality, or everything that exists. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique, while others talk of a "plurality of worlds". Some treat the world as one simple object, while others analyze the world as a complex made up of parts. In scientific cosmology, the world or universe is commonly defined as "the totality of all space and time; all that is, has been, and will be". Theories of modality talk of possible worlds as complete and consistent ways how things could have been. Phenomenology, starting from the horizon of co-given objects present in the periphery of every experience, defines the world as the biggest horizon, or the "horizon of all horizons". In philosophy of mind, the world is contrasted with the mind as that which is represented by the mind. Theology conceptualizes the world in relation to God, for example, as God's creation, ...
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Baptist
Baptists are a Christian denomination, denomination within Protestant Christianity distinguished by baptizing only professing Christian believers (believer's baptism) and doing so by complete Immersion baptism, immersion. Baptist churches generally subscribe to the Christian theology, doctrines of soul competency (the responsibility and accountability of every person before God in Christianity, God), ''sola fide'' (salvation by faith alone), ''sola scriptura'' (the Bible is the sole infallible authority, as the rule of faith and practice) and Congregationalist polity, congregationalist church government. Baptists generally recognize two Ordinance (Christianity), ordinances: Baptism, baptism and Eucharist, communion. Diverse from their beginning, those identifying as Baptists today may differ widely from one another in what they believe, how they worship, their attitudes toward other Christians, and their understanding of what is important in Christian discipleship. Baptist mi ...
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ABC Radio National
ABC Radio National, more commonly known as Radio National or simply RN, is an Australian nationwide public service radio network run by the Australian Broadcasting Corporation (ABC). From 1947 until 1985, the network was known as ABC Radio 2. History 1937: Predecessors and beginnings From 1928, the National Broadcasting Service, as part of the federal Postmaster-General's Department, gradually took over responsibility for all the existing stations that were sponsored by public licence fees ("A" Class licences). The outsourced Australian Broadcasting Company supplied programs from 1929. In 1932 a commission was established, merging the original ABC company and the National Broadcasting Service. It is from this time that Radio National dates as a distinct network within the ABC, in which a system of program relays was developed during the subsequent decades to link stations spread across the nation. The beginnings of Radio National lie with Sydney radio station 2FC, which a ...
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Future Fund
The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for public servants that will become payable during a period when an ageing population is likely to place significant pressure on the Commonwealth's finances. Purpose The legislation establishing the Future Fund describes its main object as being 'to strengthen the Commonwealth's long-term financial position'. While legislation permits withdrawals from the fund from 1 July 2020, the government indicated in 2017 it intends to allow the fund to continue to accumulate until at least 2026/27 before making withdrawals. The Investment Mandate for the Future Fund is to target a benchmark return of at least the Consumer Price Index + 4 to 5 per cent per annum over the long term, while taking an acceptable but not excessive level of risk. The Future Fund Board is currentl ...
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Nine Entertainment
Nine Entertainment Co. Holdings Limited is an Australian publicly listed company with holdings in mass media radio and television broadcasting, publishing and digital media. It uses Nine as its corporate branding. The entity is largely a successor to the former Publishing and Broadcasting Limited (PBL), which was established by the Packer family. The Packers ended their involvement with the company in 2008 and its name was changed to Nine in 2010. The company merged with Fairfax Media in December 2018, expanding its brands and investments across television, video on demand, print, digital, radio and real estate classifieds. Nine's assets include the Nine Network, Nine Radio; major newspaper mastheads such as ''The Sydney Morning Herald'', ''The Age'' and '' The Australian Financial Review''; digital properties such as nine.com.au, 9Honey, Pedestrian; video-on-demand platform Stan; and a majority investment in real estate web portal Domain Group. History The company was ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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Australian House Of Representatives
The House of Representatives is the lower house of the bicameralism, bicameral Parliament of Australia, the upper house being the Australian Senate, Senate. Its composition and powers are set out in Chapter I of the Constitution of Australia. The term of members of the House of Representatives is a maximum of three years from the date of the first sitting of the House, but on only 1910 Australian federal election, one occasion since Federation has the maximum term been reached. The House is almost always dissolved earlier, usually alone but sometimes in a double dissolution alongside the whole Senate. Elections for members of the House of Representatives have always been held in conjunction with those for the Senate since the 1970s. A member of the House may be referred to as a "Member of Parliament" ("MP" or "Member"), while a member of the Senate is usually referred to as a "senator". Under the conventions of the Westminster system, the Australian Government, government of ...
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Howard Government
The Howard government refers to the Government of Australia, federal executive government of Australia led by Prime Minister John Howard between 11 March 1996 and 3 December 2007. It was made up of members of the Liberal Party of Australia, Liberal–National Party of Australia, National Coalition (Australia), Coalition, which won a majority of seats in the Australian House of Representatives, House of Representatives at four successive elections. The Howard government commenced following victory over the Keating government at the 1996 Australian federal election, 1996 federal election. It concluded with its defeat at the 2007 Australian federal election, 2007 federal election by the Australian Labor Party, whose leader Kevin Rudd then formed the first Rudd government (2007–2010), Rudd government. It was the second-longest government under a single prime minister, with the longest having been the second Menzies government (1949–1966). Two senior ministers served in single r ...
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Treasurer Of Australia
The Treasurer of Australia, also known as the Federal Treasurer or more simply the Treasurer, is the Federal Executive Council (Australia), minister of state of the Australia, Commonwealth of Australia charged with overseeing government revenue collection, federal expenditure and economic policy as the head of the Treasury (Australia), Department of the Treasury. The current treasurer is Jim Chalmers, who was selected by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election. The Treasurer implements ministerial powers through the Treasury (Australia), Department of the Treasury and a range of other government agencies. According to constitutional convention, the Treasurer is always a member of the Parliament of Australia with a Divisions of the Australian House of Representatives, seat in the Australian House of Representatives, House of Representatives. The office is generally seen as equivalent to the Chancellor of the Exchequer in the Un ...
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