Ann: Final Directors Interest Notice - DiNardo, page-15

So do I.

Sometimes it is obvious like $8 million a year to run Australia post at a loss.

Mostly it is grey when I look deeply. As an individual if you were asked how much do you want what would your answer be it’s hard to know. If the Board say yes to your request who is at fault you for asking or the Board for accepting?

The remuneration committee’s say its In line with industry standards but do not provide transparency.

In Australia Post’s case the replacement was paid $3 million plus to do same job so assume across industry there had been a fifty percent reduction as the $8 million was in line with industry standards.

All Boards need greater transparency and accountability to shareholders but will not happen any day soon.

My opinion only DYOR.

How difficult would it be for remuneration committee to create a tiered salary scale, governed by degree of sales success and shareholder returns, that generates incentive to met mile stones with better that anticipated results.

We missed a few mile stones under Lou's stewardship but the BRN stock price was buoyed by the huge potential of Akida's timely architecture .

I think Rob Telson may have had a fair bit to do with introducing Akida to fortune 500 companies.

So, only Lou can judge weather he actually earned and deserved all those share and options that have been skimmed off of shareholders bottom line.

Let's hope they get it right next time.