Former NSW Treasurer Michael Egan Passes Away at 75

Michael Egan, the longest-serving treasurer in the history of New South Wales (NSW), passed away at the age of 75. Egan, a prominent Labor figure, was instrumental in steering the state through the Sydney Olympics and reducing significant government debt.

Egan, who served as NSW treasurer for almost ten years, was also Macquarie University’s longest-serving chancellor, overseeing the graduation of more than 43,000 students between 2008 and 2019. His political career began in 1978 as the member for Cronulla before transitioning to the upper house, where he served for over 18 years. Egan announced his retirement from politics in January 2005, stating, ‘After 35 years of political combat, I think it’s time for me to move on.’

Premier Chris Minns, in a statement, praised Egan’s dedication to serving the people of NSW, describing him as a true Labor supporter who valued and safeguarded democratic institutions. Minns highlighted Egan’s achievements in steering the NSW budget to surplus, eliminating net government debt, and improving essential services and infrastructure during his tenure as treasurer. Egan’s influential role in hosting the Sydney Olympics was also acknowledged.

Michael Egan Hall, named after the former treasurer, is a testament to his significant impact, symbolized in over 43,000 graduates who walked its halls. Egan’s contributions extended beyond politics, as he served as chairman of the Australia Day Council of NSW and the Centenary Institute of Cancer Medicine and Cell Biology.

Michael Egan’s passing has left a void among those who knew him. His legacy as a dedicated public servant and successful treasurer will be remembered and missed by many.