Proxy Form, page-18

Only requires 25% voting rights to reject directors' remuneration plan, and also has the power to re-elect new board.

The rule triggers a vote on a board spill if 25 per cent of shareholders oppose a remuneration report – which sets out the company's plans for executive pay

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If you are a shareholder and you are not happy with directors' remuneration package, you with other shareholders can vote against it.

two strikes rules. Pay for performance.
http://www.theage.com.au/business/i...sts-executive-pay-scheme-20141031-11erd0.html