Michael Egan: NSW’s longest-serving treasurer dies aged 75

Michael Egan, a significant figure in Australian politics, passed away on Wednesday, January 31st, 2024, at the age of 75.

He was known for his role as NSW’s longest-serving treasurer, serving under Premier Bob Carr from 1995 to 2005.

Egan’s political journey began in 1978 when he was elected as the member for Cronulla. After a short time in the lower house, he moved to the upper house in 1986, where he remained for over 18 years. Notably, he became the first treasurer to come from the upper house.

During his time as treasurer, Egan played a crucial role in implementing significant economic and social reforms for NSW. He oversaw the privatization of various state-owned assets, which stirred controversy but also contributed to reducing government debt and enhancing infrastructure.

Additionally, he was instrumental in the success of the Sydney 2000 Olympics, a proud achievement for the state.

After retiring from politics, Egan served as the Chancellor of Macquarie University from 2008 to 2019, earning respect for his contributions to both politics and education.

Egan’s passing has prompted an outpouring of tributes from across the political spectrum. He is remembered as a pragmatic and effective leader who made a lasting impact on NSW.