Canavan.
"They really don't go anywhere near far enough, so many people are now paying the top rate of tax despite not having a real wage increase"
ERRR ... People on over $200,000 are not on wages. Perhaps they should be negotiating new contracts.
Australia's top business executives have gained an average 15 per cent base pay rise, according to new research released today.The results of a study crunching data from 1,167 boards across the private, public and not-for-profit sectors come amid debate about whether a 5.75 per cent pay rise for workers on award wages will stimulate inflation.Bosses at some of the largest listed companies recorded average pay rises more than double the rate of inflation over the past year, according to the report released by the Governance Institute of Australia..
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Peter Batten, MD
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