Career notes
Gary Banks’s contributions to public policy have been recognised through various awards and honours, including the Economic Society’s inaugural Distinguished Public Policy Fellows Award and the Order of Australia.
Gary is best known for his nearly 15 years heading Australia’s Productivity Commission, following which he was appointed Chief Executive and Dean of the Australia and New Zealand School of Government (ANZSOG). On ending his term there in January 2017 he was appointed by the Australian Government as Chairperson of the Australian Statistics Advisory Council. Among other recent roles (see below) he chaired the OECD’s Regulatory Policy Committee and was on the board of the Macquarie Group.
Trained in economics at Monash University and the Australia National University, Gary’s early career was spent at the GATT (now World Trade Organisation) in Geneva and at the Trade Policy Research Centre, London. On returning to Canberra in the mid-1980s, he worked at the Office of National Assessments and later as a consultant with the Centre for International Economics.
Current positions
Professorial Fellow, Melbourne University Institute for Applied Economic and Social Research
Chairperson, Australian Statistics Advisory Council, Melbourne
Consultant, OECD, Paris
Senior Fellow, Centre for Independent Studies, Sydney
Member, Advisory Board, Melbourne Institute
Member, Economic Advisory Panel, NSW Government
Member, Scientific Committee, RIA Observatory, Rome
Awards
Distinguished Fellow, ANZSOG, 2019
Doctor of the University of South Australia (Hon.), February 2016
Inaugural Distinguished Public Policy Fellow, Economic Society of Australia, 2014
Fellow of the Academy of Social Sciences Australia (ASSA), 2010
Inaugural Monash University Fellow, 2010
National Fellow, Institute for Public Administration Australia, 2008
Officer of the Order of Australia AO (‘services to public policy’), 2007
Chancellor’s Medal, ANU, 2004
Centenary Medal, 2003
Gary Banks was appointed to the Industry Commission as a Commissioner in 1990 under a Labor Government and then as Chairman of the newly-created Productivity Commission in 1998 under a Liberal Government. As well as overseeing a broadening of the new Commission’s role and influence, he presided on public inquiries in such diverse policy areas as infrastructure, industry assistance, health, gambling regulation, carbon abatement and executive remuneration. He also chaired the Council of Australian Governments’ Review of Government Services and had responsibility for the Office of Regulation Review. Among other activities, he was a member of the 1997 ‘West Review’ of Higher Education and in 2005–6 headed the Prime Minister’s Regulation Taskforce. In 2013-14 he was a member of the Prime Minister’s Business Advisory Council.
Previous roles
Chief Executive and Dean, The Australia and New Zealand School of Government (2013-16)
Chair, Regulatory Policy Committee, OECD, Paris
(2012-19)
Independent Non-Executive Director, Macquarie Group (2013-20)
Chairman/Executive Commissioner/Commissioner, Productivity Commission and Industry Commission (1990-2012)
Judging Panel, BHP/Reconciliation Australia Indigenous Governance Awards (2007-19)
Manager, Centre for International Economics, Canberra (1987-89)
Visiting Fellow, Trade Policy Research Centre, London (1986)
Director (Economics), Office of National Assessments (1985)
Senior Economist, GATT/WTO, Geneva; (1976-84)
Research Economist, Industries Assistance Commission; Lecturer in Economics, UNSW at Duntroon, Canberra
Named lectures
Alf Rattigan Lecture, ANZSOG, Canberra, Nov 2018
Infrastructure Oration 2017, Infrastructure Partnerships Australia, Sydney, April 2017
Alan McGregor Lecture, Centre for Independent Studies, Sydney, August 2014
Sir John Crawford Lecture, DFAT, New Delhi, March 2014
The Garran Oration, IPAA, Canberra, Nov 2013
Stan Kelly Lecture, Economic Society of Australia, Melbourne, August 2013
Inaugural Peter Karmel Lecture, ASSA, Canberra, July 2013
Chancellor’s Lecture, Swinburne Univ., Melbourne, September 2011
Fourth Ian Little Lecture, Monash Univ. and Vic Treasury, Melbourne, April 2010
Colin Clark Memorial Lecture, Australian Economic Society, Brisbane, Aug 2008
Menzies Health Policy Oration 2008, ANU, Canberra, June