Productivity Commission chair steps down
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.
Recommended for you
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
Both Schroders and abrdn have appointed new group chief executives to lead their respective firms.