About
Paul John Keating is an Australian former politician and trade unionist. He served as the 24th prime minister of Australia from 1991 to 1996. Prior to becoming prime minister, he was the Treasurer under Bob Hawke from 1983 to 1991. He also served as the seventh Deputy Prime Minister from 1990 to 1991.
Career Timeline
Treasurer Under Bob Hawke
Keating becomes Treasurer, implementing significant economic reforms, boosting his profile. His initial net worth is modest.
Becomes Prime Minister
Keating successfully challenges Hawke for leadership, becoming Prime Minister of Australia. His net worth starts to grow as he takes on this new role.
Promotes Closer Asian Ties
Keating advocates for closer ties with Asia and promotes Australian identity, shaping foreign policy. His net worth continues to grow.
Defeated in Election
Keating is defeated by John Howard in the election, ending his tenure as Prime Minister. His net worth starts to decline slightly.
Public Speaking and Consultancy
After leaving politics, Keating engages in public speaking and consultancy work, increasing his net worth. His knowledge of the economy is highly sought after.
Elder Statesman in Australia
Keating remains an elder statesman in Australia, commenting on current affairs and economic policy. He maintains a comfortable net worth of $20 million.
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Last updated: February 25, 2026