Peter Gutwein Net Worth 2024, Age, Wife, Children, Family, Parents, Salary

Peter Gutwein net worth

Read about Peter Gutwein net worth, age, wife, children, height, family, parents, salary and party as well as other information you need to know.


Peter Gutwein is an Australian politician who was the 46th premier of Tasmania from 2020 to 2022. He was a Liberal Party member of the Tasmanian House of Assembly from 2002 to 2022, representing the electorate of Bass. He succeeded Will Hodgman as leader of the Liberal Party and Tasmanian Premier on 20 January 2020.

Early life

NamePeter Gutwein
Net Worth$5 million
OccupationFormer politician
Age59 years
Peter Gutwein net worth

Peter Carl Gutwein was born on December 21, 1964 (age 59 years) in England. He is the oldest of six children born to a British mother and a father who had arrived in Britain from “post-war central Europe” in the mid-1950s. The family migrated to Australia in early 1969 as “Ten Pound Poms”, traveling to Launceston, via Melbourne and Hobart. The three youngest children were born in Australia. His father worked as a baker, also stacking animal skins and selling firewood to earn extra money.

Gutwein grew up in the village of Nunamara. He became an Australian citizen at the age of 16. His younger brother died at the age of 10 due to a congenital heart defect. He was educated at Myrtle Park Primary School and Queechy High School in Launceston, and Deakin University in Melbourne.

In a 2022 press conference as premier, Gutwein revealed that he was a victim of child sexual abuse by his teacher at the age of 16. He played senior Australian rules football for the East Launceston Football Club as a midfielder. He also played a single season for the Swan Districts Football Club in the West Australian Football League (WAFL) in 1986, while studying at the Western Australian Institute of Technology. A financial adviser (Dip Fin Planning, Grad Cert Bus Admin) he was a senior manager in the insurance and financial planning sector working throughout Australia and in Europe (Ireland).

Political career

Peter Gutwein began his career in politics in 1995, when he was introduced to the former federal MP for Bass, Warwick Smith, who convinced him to join the Liberal Party and manage Smith’s successful re-election campaign at the 1996 federal election. Following the election of the Howard government, Gutwein worked for two years as a ministerial adviser to Senator Jocelyn Newman during her time as Minister for Social Security.

Gutwein was elected in July 2002 as a member for Bass at the state election. In August 2002, he joined opposition leader Rene Hidding’s shadow cabinet, holding the portfolios of shadow treasurer, employment, and economic development. In December 2003, Gutwein became the first Tasmanian MP in five years to cross the floor when he voted for a bill proposed by the Tasmanian Greens to establish a commission of inquiry into child abuse, which saw Hidding strip him of his shadow portfolios.

In April 2004 he became shadow minister for education, and police and public safety. When Will Hodgman led the Liberals to government at the 2014 state election, Gutwein was appointed as Treasurer of Tasmania, as well as minister for planning and local government. Until 2019, he held various other ministries including environment, parks and heritage; forestry; and state growth.

In April 2017, Gutwein was referred to the Legislative Council for contempt of parliament, following his refusal to provide an unredacted version of a report, The Sale of the Tamar Valley Power Station, to the Public Accounts Committee. According to the Tasmanian Parliamentary Library, as of 2017 Gutwein had been suspended from parliament more than any other member, with 16 suspensions.

Peter Gutwein has been described as a moderate Liberal. On 14 January 2020, Hodgman announced his intention to resign as Liberal leader and premier. Along with Michael Ferguson, Gutwein was considered a front-runner for the leadership contest, but was elected unopposed on 20 January, when Ferguson withdrew from the ballot.

Gutwein was sworn in as the 46th Premier of Tasmania later that afternoon. During the COVID-19 pandemic in Australia, Gutwe in announced on 19 March 2020 that all “non-essential” travellers to the state, including returning residents, would be subject to a mandatory 14-day quarantine.

In December 2020, Gutwein announced that he would vote in favour of legalising euthanasia in Tasmania, although he had previously voted against similar legislation on three occasions. He stated that “I believe in freedom of choice and that’s why I support this bill”, also citing the deaths of his father and sister to aggressive forms of cancer.

In March 2021, Gutwein informed Speaker Sue Hickey that she would not be re-endorsed as a Liberal candidate. She subsequently resigned from the party, leaving the Liberals in a minority government. Three days later, Gutwein called an early election for May 2021. He led the Liberals to a third straight majority in the House of Assembly, the first time in the party’s history. Ultimately the Liberals finished with 13 seats out of 25, unchanged from the 2018 election, with 48.7 percent of the popular vote.

On 4 April 2022, Peter Gutwein announced his resignation as premier and as a member of Tasmania’s parliament. His deputy Jeremy Rockliff succeeded him on 8 April 2022. After leaving office, Gutwein allowed his Liberal Party membership to lapse.


Peter Gutwein is married man. He lives in the Tamar Valley with his wife and two children. He is a qualified black belt and assistant to the instructor in the martial art of taekwondo. He has a pair of pet goats, named Alan and Teddy.

Peter Gutwein net worth

How much is Peter Gutwein worth? Peter Gutwein net worth is estimated at around $5 million. His main source of income is from his primary work as a Financial adviser and hotelier. Peter Gutwein’s salary per month and other career earning are over $102,000 dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy cars trips. He is one of the richest and influential politicians in Australia. He stands at an appealing height of 1.78m and has a good body weight which suits his personality.