Economic Planning Advisory Council
EPAC · Economic Planning Advisory Commission
1983 – 16 April 1998
Advisory body bringing together the Commonwealth, the states, business, unions and community representatives to advise on medium-term economic strategy, supported by a secretariat office that published economic research papers.
How it came into existence
Established in 1983 by the Economic Planning Advisory Council Act 1983, following the National Economic Summit of April 1983, with the Prime Minister as chair and a secretariat (the EPAC Office) in the Prime Minister's portfolio. It had no Commonwealth predecessor.
Legislation: Economic Planning Advisory Council Act 1983
Changes during its life
- 1996Its office moved to the Treasury portfolio and was administratively combined with the Industry Commission and the Bureau of Industry Economics.
How it ended
Administratively amalgamated with the Industry Commission in 1996 and formally merged into the Productivity Commission when the Productivity Commission Act 1998 commenced on 16 April 1998.
- Medium-term economic research
Main functions
- Advice on medium-term economic policy
- Consultation between governments, business and unions on economic strategy
- Economic research and discussion papers
- Analysis of the medium-term economic outlook
Where it sits
Last in the portfolio of Department of the Treasury.
Lineage
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Sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.