He commenced in his role as Secretary of the Department of the Treasury in January 2015, and announced his retirement in July 2018.

Fraser graduated from Monash University in Australia in 1972 with a first class honours degree in Economics.

[1][3] Prior to that, he was president and chief operating officer of UBS Asset Management and Head of Asia Pacific.

[4] In December 2014, Prime Minister Tony Abbott announced John Fraser's appointment as Secretary of the Treasury Department, to commence 15 January 2015.

[9] Treasurer Joe Hockey said that, in his new role, Fraser would be asked to undertake a thorough review of the Treasury Department's resources and capabilities.