Australian business looks forward to working with the new chair of the Productivity Commission, announced today by the federal government.

“Chris Barrett is well-credentialed to become the leader of one of Australia’s most important sources of expert advice to government,” ACCI chief executive Andrew McKellar said.

“With experience as a chief of staff, as Australia’s ambassador to the OECD and as a senior public servant, Chris Barrett is a strong choice to lead the Productivity Commission at this crucial time.”

His appointment comes at a critical time for the Australian economy with productivity contracting and new thinking needed to drive up productivity growth and maintain the living standards Australians currently enjoy into the future.

The Productivity Commission has a crucial role to provide expert advice on economic matters to government, particularly through its comprehensive inquiries.

“The Productivity Commission does a lot of the heavy lifting in sparking the debate on the reform needed to deliver a better economy for all Australians,” Mr McKellar said.

Business also thanks the outgoing chair, Michael Brennan, for his contribution.

“Michael Brennan has made a constructive contribution to the national economic debate during his time and chair, and the business community appreciates his engagement during his term,” Mr McKellar said.