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The Watson Ministry was the third Australian Commonwealth ministry, and ran from 27 April 1904 to 17 August 1904. It was the first federal ministry formed by the Australian Labor Party.

Portfolio Minister
Prime Minister and Treasurer Hon Chris Watson, MP
Minister for External Affairs Hon Billy Hughes, MP
Attorney-General Hon H.B. Higgins (1), KC MP
Minister for Home Affairs Hon Egerton Lee Batchelor, MP
Minister for Trade and Customs Hon Andrew Fisher, MP
Minister for Defence Senator Hon Anderson Dawson
Postmaster-General Hon Hugh Mahon, MP
Vice-President of the Executive Council Senator Hon Gregor McGregor