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Agency overview | |
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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 |
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Parent department | Treasury |
Key document | |
Website | pc |
The Productivity Commission (PC) is the Australian Government's principal review and advisory body on microeconomic policy, regulation and a range of other social and environmental issues.
The PC was created as an independent authority by the Productivity Commission Act 1998, an Act of the Australian Parliament. PC reports often form the basis of government policy. However, the PC 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
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