Productivity Commission

Productivity Commission
Agency overview
Formed	1998
Preceding agencies	Industry Commission,; Bureau of Industry Economics,; Economic Planning Advisory Commission;
Type	Statutory agency
Jurisdiction	Commonwealth of Australia
Headquarters	Melbourne;
Employees	179
Annual budget	A$41,736,000
Minister responsible	Jim Chalmers, Treasurer;
Agency executives	Danielle Wood, Chair ; Lisa Studdert, Head of Office;
Parent department	Treasury
Key document	Productivity Commission Act 1998;
Website	pc.gov.au

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 Commission was created as an independent authority by the Productivity Commission Act 1998, an Act of the Australian Parliament. Its reports often form the basis of government policy. However, it does not administer government programs or exercise executive power and governments are not required to act on its recommendations. In practice, however, many recommendations are accepted.