Productivity Commission chair Michael Brennan steps down, Treasurer Jim Chalmers announces

The independent research and advisory body investigates economic, social and environmental issues impacting Australians, and recently released the 5-Year Productivity Inquiry.

Mr Brennan was appointed chair in September 2018, and had previously been a deputy secretary for the Victorian Department of Treasury and Finance before joining the Commonwealth Treasury as a deputy secretary.

"I thank Mr Brennan for his commitment and significant contribution to the Commission's work over the past five years," Treasurer Jim Chalmers said in a statement.

"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."

A merit-based recruitment process is underway.

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