Premier Steven Marshall today announced that legislation to establish the South Australian Productivity Commission will be introduced to Parliament this week.
The Productivity Commission will be tasked with assisting to drive economic reform to grow South Australia’s economy.
“Today’s announcement fulfils yet another commitment outlined in the State Liberal Government’s first 100-day plan,” said Premier Steven Marshall.
“The Productivity Commission will have a critical role in getting the State Government’s finances and the South Australian economy back on track.
“The Commission will focus on reducing regulations and improving service delivery to support South Australia’s economic recovery.
“South Australia trails the national average of labour productivity and we have been falling behind for too long.
“This Bill has been refined following a targeted consultation with key stakeholders, and will be introduced into the Parliament to meet our 100-day commitment.
“A key focus of the Commission will be to provide advice on how government can better support our regions, small business and reduce red tape.
“It will assess where government policies and performance most directly affect businesses and their ability to expand and create jobs.”
The Productivity Commission will focus on getting our economy back on track. It will do this by providing advice on issues identified by the Government such as:
• improving the State’s financial position
• regulatory reform to cut red tape
• improving government service delivery
• economic reform (including energy markets and reviews of other industry sectors as requested by the Premier).
In conducting its work, the Commission will have regard to the need for South Australia to:
• increase public and private sector productivity
• increase private sector employment
• improve living standards through alleviating cost of living pressures.