Productivity Commission chair steps down

productivity commission Jim Chalmers ACCC

29 May 2023
| By Laura Dew |
image
image image
expand image

The Government is seeking a new chair for the Productivity Commission after Michael Brennan announced he would be stepping down.

Brennan had been chair for the past five years including work on the 5-Year Productivity Inquiry.

Treasurer, Jim Chalmers, said: “I thank Mr Brennan for his commitment and significant contribution to the Commission’s work over the past five years.”

He said the recruitment process by the Government would be a “merit-based” approach and that it was committed to ensuring the commission remained strong and effective into the future.

“The Albanese Government is committed to ensuring the Productivity Commission remains strong and effective into the future, providing world-class advice on productivity as well as prosperity and progress more broadly.”

Prior to joining the commission in 2018, Brennan had previously served as a deputy secretary for the Victorian Department of Treasury and Finance before joining the Commonwealth Treasury as the deputy secretary of Fiscal Group.

The Productivity Commission was an independent research and advisory body that investigates economic, social and environmental issues affecting the welfare of Australians.

The move was one of a series of Government appointments last Friday (26 May) with Mick Keogh being re-appointed as deputy chair of the Australian Competition and Consumer Commission (ACCC) for another five years. 

Rosheen Garnon was also re-appointed as chair of the Board of Taxation for a three-year period. Her role would involve providing advice on the design and operation of taxation laws.

Peter de Cure AM was appointed as chair to the Tax Practitioners Board (TPB) for a three-year period, replacing Ian Klug AM who departed after seven years as chair and member.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 months 1 week ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

3 weeks 6 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

3 weeks 6 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

1 month ago

TOP PERFORMING FUNDS