House debates

Monday, 17 October 2016

Questions without Notice

Executive Remuneration

2:27 pm

Photo of Bob KatterBob Katter (Kennedy, Independent) Share this | Hansard source

A question to the Treasurer: what Australian companies pay their CEOs, most of whom are from overseas, is illustrated by, for example, the Commonwealth Bank's CEO receiving $12.3 million, the Qantas CEO $12.96 million, the Westpac CEO $9.6 million, the Caltex CEO $13.4 million and the Macquarie Bank CEO $16.3 million. Will the Treasurer introduce a CEO salary and average employee wages transparency register, as touted by the British Prime Minister? And will his government consider tax rates in line with those of other countries, particularly European countries, where the issue of the huge and ever-widening disparity in income for the powerful is addressed by a graduated tax rate? (Time expired)

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