Peta Credlin has accepted a position reporting directly to James Packer, as head of policy and business development at his private company Consolidated Press Holdings.

Earlier this year, Tony Abbott's former chief of staff joined Sky News as a paid political commentator, she will reportedly continue to work for the network and contribute weekly columns for News Corp's Sunday papers.

Peta Credlin on the Bolt Report during the 2016 election. Credit:Sky News

Ms Credlin told News Corp that in her new position she would use her policy skills in the development of new business opportunities for CPH.

"There's a lot of growth potential out of Australia's recent free-trade agreements with Japan, China and South Korea and work is well under way on agreements with the EU, India and others," she said.