In 1972, the year that the
Whitlam government was elected, Willis was elected to the
House of Representatives for the safe Labor seat of
Gellibrand in
Melbourne's western suburbs. After Labor's defeat at the
1975 election, Willis was appointed to the Shadow Cabinet, serving initially as shadow minister for industrial relations, and from 1980 as shadow treasurer. In January 1983, however, he was replaced as shadow treasurer by Opposition Leader
Bill Hayden, who gave the position to
Paul Keating in an unsuccessful attempt to shore up his own position as party leader.
Hawke government As a former ACTU official, Willis was regarded as a protégé of Bob Hawke, and some expected Hawke to make him treasurer upon
his election as prime minister in March 1983. However Hawke decided to appoint Paul Keating to the role instead, making Willis the
Minister for Employment Relations and giving him a major role in establishing and overseeing the
Prices and Incomes Accord, one of the central policy reforms of the
Hawke government. Willis retained this role following the
1984 and
1987 elections, before being appointed
Minister for Transport and Communications in 1988. After the
1990 election, Willis became
minister for finance. Following Keating's resignation as treasurer in June 1991 in an
unsuccessful attempt to challenge Hawke for the leadership, there was media speculation that Willis would be given the role, but he was passed over a second time when Hawke ultimately decided to appoint
John Kerin. However, Kerin's period as treasurer was troubled, and after Hawke was forced to sack Kerin for making a public gaffe in December 1991, Willis was finally appointed to the role of treasurer in his place.
Keating government Willis's initial time as treasurer was brief as Paul Keating launched a second and this time
successful challenge to Hawke, just three weeks later. Keating had long promised to appoint his close political ally
John Dawkins as treasurer, and so Keating moved Willis back to the role of finance minister in order to accommodate this. Willis retained the role after Labor unexpectedly won a fifth consecutive election in
1993, and was expected to remain in the role until the sudden resignation of Dawkins in December 1993, who had grown frustrated with the role. Willis was duly appointed as treasurer for a second time by Keating, and was responsible for helping to roll-out the Government's major 'One Nation' economic package on which it had won the 1993 election, including a round of middle-income tax cuts and the establishment of a national infrastructure commission. In late 1995, Willis was briefly acting prime minister when Prime Minister Paul Keating, Deputy Prime Minister Kim Beazley, Government Senate leader Gareth Evans (in his capacity as foreign minister) and Deputy Government Senate leader Robert Ray (in his capacity as defence minister) were all in Indonesia for the signing of a security agreement between Australia and Indonesia. Willis remained as treasurer until the
1996 election, which Labor heavily lost; in the weeks before the election, Willis chose to unilaterally release a letter purportedly written by
Liberal Victorian Premier Jeff Kennett. Known as the
Ralph Willis letter, it suggested that a
Coalition government led by
John Howard would cut grants to the states. However, media examination quickly revealed the letter to be a forgery, allegedly foisted on Willis by Melbourne University Liberal Club students. This successful ruse had a significantly adverse impact upon the last week of Labor's campaign. After the 1996 election, Willis chose to move to the backbench and announced his retirement from Parliament prior to the
1998 election. Willis was one of only three people to be a member of the Cabinet continuously during the
Hawke-Keating government between 1983 and 1996, the other two being
Kim Beazley and
Gareth Evans. At the time of his retirement from Parliament, Willis was the last Labor MP from the time of the
Whitlam government still serving. Following his retirement from politics, Willis has served on several boards of companies and charities. ==Honours==