Agency overview | |
---|---|
Formed | 1998 |
Preceding agencies | |
Type | Statutory agency |
Jurisdiction | Commonwealth of Australia |
Headquarters | Melbourne |
Employees | 182 [1] |
Annual budget | A$42,232,000 [1] |
Minister responsible | |
Agency executives |
|
Parent department | Treasury |
Key document | |
Website | pc |
The Productivity Commission is the Australian Government's principal review and advisory body on microeconomic policy, regulation and a range of other social and environmental issues.
The Productivity Commission was created as an independent authority by the Productivity Commission Act 1998, an Act of the Australian Parliament. Productivity Commission reports often form the basis of government policy. However, the Commission does not administer government programs or exercise executive power and governments are not required to act on its recommendations; although in practice, many recommendations are accepted.
AnnRep2023-24
was invoked but never defined (see the help page).