House debates Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009
Consideration in Detail
Chris Pearce Aston, Liberal Party, Shadow Minister for Financial Services, Superannuation and Corporate Law
7:07 pm
The minister wants to come in here and talk about consistency. Really! This is the minister with the failed Fuelwatch, the failed GroceryWatch and the failed employee shareholder scheme. I understand. I could be wrong—the minister could clarify this—but I do not think this minister has ever actually had a job outside of politics. I do not think this minister has ever had a job in which he would have been paid a base salary and performance pay. To my knowledge—and I could be wrong—the minister has never had a job in the corporate world. That is part of the reason why we have policies coming before the parliament such as Fuelwatch, GroceryWatch and employee share schemes. The point I am making about this bill is that I am applying logic to it. What I am saying is that executive pay is made up—
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