Michael Barnes BBus (Hons), PSM

Under Treasurer
Michael Barnes

Michael is the principal economic and financial adviser to the State Government, with statutory responsibilities for the management and reporting of the State’s finances, including formulation of the annual State Budget. As Under Treasurer, he is also responsible for leading the Western Australian Department of Treasury.

Born and raised in Perth, Michael moved to Canberra after graduating from university to take up a position in the Commonwealth Treasury, where he worked for nearly six years, mainly in the area of taxation policy. Michael returned to Perth in late 1997 and has been working at the State Treasury ever since, in various roles spanning revenue policy, economic and revenue forecasting, Commonwealth-State financial relations, fiscal strategy, and whole-of-government financial reporting.

Michael commenced acting in the role of Under Treasurer in February 2014 and was officially appointed to the role in April 2015. As Under Treasurer, he is also Chairman of the Western Australian Treasury Corporation, which is the State’s central borrowing authority.

Mr Barnes was recently awarded the Public Service Medal for his outstanding public service to state government finances in Western Australia. 

Page reviewed 24 June 2020