The Productivity Commission has released several interim reports that consider priority areas of reform to support the Federal Governments productivity growth agenda.
These reports focus on areas including skills, taxation, AI and the net-zero transition, and aim to provide recommendations to the Federal Government around rational reforms that can be explored in the near-medium future to improve productivity.
The interim reports can be found at: https://www.pc.gov.au/inquiries/current/five-productivity-inquiries
Across the interim reports there are several recommendations that touch on the automotive sector. These include recommendations to reform company tax structures, improve the scrutiny of regulation, explore the phasing out of policy overlaps for light vehicles and look at reform of skills pathways.
Submissions on all the interim reports are currently open with responses due by 15 September. Current timelines announced by the Productivity Commission indicate that they plan to provide their final reports to the Federal Government before the end of the year, with them likely to be released publicly late this year or early 2026.
Given the broad focus of the reports, and the relevance to our sector, the FCAI will look to prepare submissions where appropriate with the work being led by various committees across the membership.