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<p>government programs or exercise executive power and governments are not required to act on its recommendations; although in practice, many recommendations are accepted.</p>

<p><big>History</big></p>
<p><big>Timeline</big></p>
<p>The PC traces its lineage back to the Tariff Board, which was established in the 1920s. On 1 January 1974, the Tariff Board became the Industries Assistance Commission and then in 1989 it became the Industry Commission.</p>

<p>The PC was created as an independent authority in April 1998 by the Productivity Commission Act 1998, and replaced</p><p>
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