Ben Chifley - Parliament

Parliament

In 1928, at his second try, Chifley won the Bathurst-based seat of Macquarie in the House of Representatives. He was in general a supporter of the James Scullin government's economic policies, and in 1931 he became Minister for Defence. At the 1931 general election, the Scullin government was defeated in a landslide and Chifley lost his seat on a 16-point swing to the UAP's John Lawson. During the Depression he survived on his wife's family's money and his part-ownership of the Bathurst newspaper the National Advocate.

In 1935 the Lyons government appointed him a member of the Royal Commission on Banking, a subject on which he had become an expert. He submitted a minority report advocating that the private banks be nationalised.

After an unsuccessful effort to win back Macquarie in 1934, Chifley finally won his seat back in 1940 on a swing of 10 percent, and the following year he became Treasurer (finance minister) in John Curtin's Labor government. Although Frank Forde was nominally the number-two man in the government, Chifley became the minister Curtin most relied on. He controlled most domestic policy while Curtin was preoccupied with the war effort. He presided over the massive increases in government expenditure and taxation that accompanied the war, and imposed a regime of economic regulation that made him very unpopular with business and the press.