The new chairwoman of the Productivity Commission has an opportunity to help reverse one of the most ill-advised public policy decisions of this century.
The appointment of former Grattan Institute CEO Danielle Wood as chairwoman of the Productivity Commission is an inspired choice. In her new role, Wood can help undo what I regard as one of the worst public policy decisions of the 21st century.
This is the changes to the GST revenue-sharing arrangements imposed by the Morrison government in 2019 to bolster its chances of retaining House of Representatives seats from Western Australia, and which Labor supported to bolster its chances of forming government after last year’s election.
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Saul Eslake is former chief economist of ANZ Bank and of Bank of America Merrill Lynch in Australia, and is now principal of Corinna Economic Advisory based in Hobart.
