Treasurer Josh Frydenberg has appointed Anna Brakey and Peter Crone as commissioners of the ACCC for five-year terms starting from this month.
Mr Crone was a former chief economist at EY, the Business Council of Australia and Coles Group.
He has also served as an economic adviser to state and federal governments, including as senior economic adviser to Australia’s prime minister from 1997 to 2006.
Mr Crone also spent seven years at Commonwealth Treasury as a policy adviser and research economist.
Ms Brakey joins the ACCC from Frontier Economics, after spending over 20 years at the NSW Independent Pricing and Regulatory Tribunal, including as chief operating officer and then as a tribunal member.
She has worked at various other public agencies including the Productivity Commission and the NSW Department of Transport.
Mr Frydenberg said the appointments would “further strengthen the ACCC’s capacity to promote competition and fair trade in markets for the benefit of consumers, small businesses and the community”.
ACCC chair Rod Sims welcomed the announcement and said he was looking forward to working alongside both Ms Brakey and Mr Crone.
“We are very pleased to welcome Anna and Peter, who both have impressive economic and commercial credentials and who have made significant contributions in their fields,” Mr Sims said.
“Their appointments will further deepen and broaden the expertise and experience of our team.”
Jotham Lian is the editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.
Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.