Bob Brown (Tasmania, Australian Greens) Share this | Link to this | Hansard source

I move:

That the Senate calls on the Government to:

(a)

ensure that, as a minimum, no financial institution executives’ pay will increase as a consequence of the Government purchasing residential mortgage-backed securities or guaranteeing deposits and wholesale term funding of Australian financial institutions; and

(b)

prohibit payment of severance benefits (‘golden parachutes’/’golden handshakes’) to chief executive officers of such banks or institutions.

Question put.