I posted this (see link below) back in early 2022 in relation to the Communication Director's remuneration which was then around $1.5m pa. excluding non-cash incentives/remuneration. I guess these remuneration levels partly explain why the fees in the funds remain so high. What exactly does the Communications Director do that could justify these levels of remuneration? Increasing and/or maintaining inflows is certainly not one of them.
BTW, had to laugh at the company's answer to ASX question 2. And no follow up by ASX? What's the point of asking if you don't require an answer.
Link
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- ASX - By Stock
- Ann: Response to Appendix 3Y Query
I posted this (see link below) back in early 2022 in relation to...
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