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Two new ACCC commissioners appointed

by Annie Kane10 minute read
Two new ACCC commissioners appointed

Treasurer Josh Frydenberg has announced two new commissioners of the Australian Competition and Consumer Commission, who will serve for five years.

Anna Brakey and Peter Crone have been appointed as commissioners of the Australian Competition and Consumer Commission (ACCC) for five‑year periods from December 2020.

Ms Brakey has over 25 years of experience in regulatory economics and public policy, including more than 21 years with the New South Wales Independent Pricing and Regulatory Tribunal, where she held positions as a deputy Tribunal Member, the Executive Director of Strategy and Economic Analysis and the Chief Operating Officer.

She has worked at various other public agencies, including the Productivity Commission and the NSW Department of Transport. 

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She has been a consultant economist with Frontier Economics for the past year.

Mr Crone has 30 years of experience advising on economics, public policy and regulation.

As well as being a former chief economist with Ernst and Young, the Coles Group and the Business Council of Australia, Mr Crone also served as principal adviser to Treasurer Josh Frydenberg between 2018-2019.

He was also a senior economic adviser to the Prime Minister from 1997 to 2006 and spent seven years at Commonwealth Treasury as a policy adviser and research economist.

He is a member of the ASX Corporate Governance Council.

Speaking of the appointments, Mr Frydenberg said: “The appointments of Ms Brakey and Mr Crone will 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 added: “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.

“Their appointments will further deepen and broaden the expertise and experience of our team.”

[Related: Lenders should prompt borrowers to review rate: ACCC final report]

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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