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Section 1: Overview, Appropriations and Budget Measures Summary
Overview
The Productivity Commission (PC) is the Commonwealth Government's principal review and advisory body on microeconomic policy and regulation. The Commission's work covers all sectors of the economy. It extends to the public and private sectors and focuses on areas of Commonwealth as well as State and Territory responsibility.
As a review and advisory body the PC does not have responsibility for implementing government programmes. It carries out research, inquiry, advising and incidental functions prescribed under the Productivity Commission Act 1998.
The PC contributes to well informed policy decision making and public understanding on matters relating to Australia's productivity and living standards, based on independent and transparent analysis from a community-wide perspective. It does this by undertaking:
- government-commissioned projects;
- performance reporting and other services to government bodies;
- regulation review activities;
- competitive neutrality complaints activities; and
- supporting research and activities and statutory annual reporting.
Appropriations
The total appropriations for the PC in the 2000-01 Budget are $23.8 million (see Table 1.1 on the following page).
Productivity Commission - Appropriations 2000-01
Table 1.1: Appropriations ($'000)
(a) Revenue from Other Sources includes other revenue from Government (for example, resources free of charge) and revenue from sources other than Government (for example, sales of goods and services).
Administered Capital and Agency Capital (Equity Injections and Loans)
The PC will receive $1.686 million in unspent funding from 1998-99 in the form of an equity injection in 2000-01.
