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Productivity Commission

PC

16 April 1998 – present

The Australian Government's independent research and advisory body on economic, social and environmental issues affecting the welfare of Australians, which conducts public inquiries and research on productivity and microeconomic reform.

How it came into existence

Established on 16 April 1998 by the Productivity Commission Act 1998, which formally merged the Industry Commission, the Bureau of Industry Economics and the Economic Planning Advisory Commission; the three had operated together administratively since 1996.

Legislation: Productivity Commission Act 1998

Changes during its life

  1. 3 December 2007The Office of Best Practice Regulation, successor to the Office of Regulation Review, moved from the Commission to the Department of Finance and Deregulation.
  • Part split off to form Office of Best Practice Regulation · 2006
    • Review of regulation (Office of Regulation Review)
    • Regulation impact statement oversight

    Succeeded the Commission's Office of Regulation Review, which had continued the work of the Business Regulation Review Unit since 1989.

  • Part split off to form Department of Finance and Deregulation · 3 December 2007
    • Office of Best Practice Regulation
    • Regulation impact statement oversight

Main functions

  • Public inquiries referred by the Government
  • Research on productivity and economic performance
  • Annual reporting on industry assistance
  • Secretariat for the Review of Government Service Provision
  • Competitive neutrality complaints
  • Assessment of national water reform

Where it sits

In the portfolio of Department of the Treasury.

Type of body
Non-corporate Commonwealth entity
Portfolio
Treasury
Accountable authority
Chair – Productivity Commission Act 1998 section 5(2)(b)
ABN
78 094 372 050

Lineage

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Sources