| Honorific-Prefix: | The Honourable |
| Peter Walsh | |
| Office: | Minister for Finance |
| Term Start: | 13 December 1984 |
| Term End: | 4 April 1990 |
| Primeminister: | Bob Hawke |
| Predecessor: | John Dawkins |
| Successor: | Ralph Willis |
| Office1: | Minister for Resources and Energy |
| Term Start1: | 11 March 1983 |
| Term End1: | 13 December 1984 |
| Primeminister1: | Bob Hawke |
| Predecessor1: | Doug Anthony (Resources) John Carrick (Energy) |
| Successor1: | Gareth Evans |
| Title3: | Senator for Western Australia |
| Term Start3: | 18 May 1974 |
| Term End3: | 30 June 1993 |
| Birth Date: | 1935 3, df=yes |
| Birth Place: | Kellerberrin, Western Australia |
| Death Place: | Perth, Western Australia |
| Nationality: | Australian |
| Party: | Australian Labor Party |
| Occupation: | Farmer and grazier |
Peter Alexander Walsh (11 March 193510 April 2015) was an Australian politician. He was a Senator for Western Australia from 1974 to 1993, representing the Australian Labor Party (ALP). He held senior ministerial office in the Hawke government, serving as Minister for Resources and Energy (1983–1984) and Minister for Finance (1984–1990).
Walsh was born on 11 March 1935 in Kellerberrin, Western Australia, the second son of Dorothy (née Ray) and Robert Walsh. His parents had moved from Victoria a few years earlier to take up a lease on a sheep and wheat farm at Doodlakine in the Wheatbelt.[1]
Walsh attended Doodlakine Primary School and completed his junior certificate by correspondence, leaving school in 1948 at the age of 13 to work on the family farm. He was active in the Junior Farmers' Federation and the Farmers' Union of Western Australia.[1] In 1950 Walsh led the Doodlakine debating team to victory at the state championship.[2] He enrolled in the University of Western Australia in the late 1960s as an external student in economics, although he did not complete a degree.[1]
Walsh became interested in politics as a teenager, as an admirer of ALP prime minister Ben Chifley. He joined the ALP in 1961 and helped revive the inactive Kellerberrin branch, serving as secretary from 1966 to 1974. He was the principal author of a new agricultural policy for the state party, which was adopted in 1970.[1]
At the 1969 and 1972 federal elections, Walsh stood unsuccessfully for the House of Representatives in the seat of Moore, losing to incumbent Country Party MP Don Maisey on both occasions.[1]
Walsh was elected to the Senate at the 1974 federal election, having won ALP preselection with the supporter of influential state secretary Joe Chamberlain. He was re-elected on four further occasions, heading Labor's Senate ticket in Western Australia at the 1977, 1983 and 1987 elections.[1]
Walsh was initially a member of the Labor Left faction, but was expelled in 1975 after supporting Gough Whitlam's removal of Treasurer Jim Cairns. He joined the new Centre Left faction upon its creation in 1984.[1]
Walsh served as Minister for Resources and Energy from 1983 to 1984 and Finance Minister from 1984 to 1990.[3] He was noted for his pro-free market views,[4] and was identified with the economic rationalism strain within the ALP.[5]
In his 1995 memoirs, Confessions of a Failed Finance Minister, Walsh was critical of his colleagues and of political processes in general for failing to curb what he saw as wasteful government expenditure, and unnecessary government intervention. Also, in his book he corrected errors made in Whatever It Takes, the book written by former ministerial colleague and fellow Senator Graham Richardson.[6]
After leaving politics, Walsh was a columnist for the Australian Financial Review and was particularly critical of environmentalism. He was one of the founders of the Lavoisier Group which opposes the Kyoto protocol on global warming. Walsh also expressed criticism over the Rudd government's National Broadband Network scheme.[7]
Walsh died at a hospital in Perth after a short illness on 10 April 2015.[8]
In his tribute to him, sitting Liberal Finance Minister and another WA Senator Mathias Cormann described his predecessor as "a real pillar of the Hawke Government".[9]