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The Productivity Commission (PC) is the Commonwealth Government's principal review and advisory body on microeconomic policy and regulation. The PC'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:
The total appropriations for the PC in the 2001-02 Budget are $22.6 million (see Table 1.1 on the following page).
Productivity Commission - appropriations 2001-02
Table 1.1: Appropriations and other revenue
(1) C1 and E1 refer to information provided in Table 2.1. K1 refers to information provided in Table 3.1.
(2) Revenue from other sources includes other revenue from government (for example, resources free of charge) and revenue from other sources (for example, sales of goods and services).
* Percentage figures indicate the percentage contribution of revenue from government (agency appropriations) to the total price of outputs, by outcome.
The PC does not have an appropriation for an equity injection or loan or an appropriation for administered capital in 2001-02.