The Productivity Commission is responsible for the key audit and review functions required under the National Water Initiative (NWI) and Water Act 2007.
The Productivity Commission will undertake these requirements in a rigorous manner, and with appropriate independent oversight.
As the Productivity Commission collates performance data for other National Agreements and National Partnership Agreements, it is well placed to audit the progress in implementing the Basin Plan from 2018, and the Triennial Assessment of NWI implementation, due the end of 2017.
Stakeholders will benefit from the Commission's reputation for independence, the confidence in which it is held by the Australian public and governments, as well as its performance and benchmarking expertise.
The Government is confident that the Productivity Commission will strengthen and improve the reporting and analysis of the progress of water reform across Australia.