Known affectionately as "Hawkie," Hawke was Australia's prime minister from 1983 to 1991, winning four elections and becoming the country's third longest-serving leader.
His wife, Blanche D'Alpuget, published a statement on Thursday describing Her husband as "the greatest Australian of the post-war era."
"Bob Hawke and Paul Keating and their governments modernized the Australian economy, paving the way for an unprecedented period of recession-free economic growth and job creation," Her statement was received
In 1983, after only being in parliament for three years, he became Australia's prime minister and would have been serving for almost nine years in the country's top job.
When a Australian yacht won the America Cup in September 1983, Hawke famously announced, "Any boss who sacks anyone for Not turning up today is a bum. "
But he was also a major e The conomic reformer who, with his then-treasurer, Paul Keating, liberalized the Australian economy, floating the Australian dollar and brought in universal health care for all citizens.
In the end, it was Keating who took his job as a Labor Party leader in 1991
But even after he left office, Hawke remained one of Australia's most popular prime ministers, regularly invited to drink beers at major sporting events by attendees to cheers and applause.
In a statement, the opposition Labor Leader Bill Shorten said that "The Australian people loved Bob Hawke because they knew Bob loved them."
"In Australian history, in Australian politics, there will always be BH and A.H: Before Hawke and After Hawke. After Hawke, we were a different country. A kinder, better, bigger and bolder country, "he said.
Developing story, more to come.