Originally Posted by
Chronic Snoozer
In 2012. From APH.gov.au
Percentage increases in the base salary from 1996
Since 1996, the base salary has increased by the following (in actual dollars):
- 7 March 1996—1.6 per cent
- 17 October 1996—1.2 per cent
- 7 December 1999—4.45 per cent, the first stage of a 9.95 per cent two-stage increase
- 1 July 2000—5.5 per cent, the second stage of the 9.95 per cent increase
- 1 July 2000—2.2 per cent by virtue of an adjustment to the PEO Classification Structure
- 1 July 2001—3.9 per cent
- 1 July 2002—3.35 per cent
- 1 July 2003—4 per cent
- 1 July 2004—3.9 per cent
- 1 July 2005—4.1 per cent and
- 1 July 2006—7.01 per cent
- 1 July 2007—6.8 per cent
- 1 October 2009—3.1 per cent
- 1 August 2010—3.8 per cent
- 1 July 2011—3.6 per cent
- 15 March 2012—31.3 per cent
- 1 July 2012—3.0 per cent
- 1 July 2013—2.4 per cent
- 1 July 2014—0 per cent
- 1 January 2016—2.0 per cent
- 1 July 2017—2.0 per cent
- 1 July 2018—2.0 per cent
Ahh... published figures.
With increased focus on executive remuneration the C suite moved away from "headline STIP" to LTIP...
A whole bunch of options, dirt cheap awarded for "performance" exercised at an amazingly convenient time.
If politicians in Australia receive no further "fringe and unreported benefits" it would be a world first.
Start with the parliamentary dining rooms, as their most ample guts show the prevalance of..
The actual cost for the these grubs is far more than simple "salary"
Ask Andrew Robb just how lucrative going from Trade Minister with a really well timed exit, securing both a life time pension and a $1,000,000 a year salary working for a company that his amazingly well timed FTA benefited.