Bachelor, University Queensland, Australia.
Lecturer in public policy Queensland Institute of Technology, 1976—1977, 1981—1982, 1985—1988. Policy analyst Office of Youth Affairs, Australia, 1978. Party official Australian Labor Party, since 1984.
Member of Parliament, Lilley constituency Australian House of Representatives, 1993—1996, since 1998, shadow minister family and community service, 1998—2004, shadow treasurer, 2004—2007. Treasurer Government of Australia, since 2007, deputy prime minister, since 2010.
Married Kim Swan; children: Erinn, Libbi, Matt.