Million-dollar public servants: 11 staff at Australia’s Future Fund paid significantly more than the PM
Eleven staff members at Australia’s Future Fund were paid over $1 million last year, with one executive receiving $1.5 million. This high remuneration has drawn criticism amid a national cost-of-living crisis and public sector job cuts.
Why it matters
The pay gap between public servants and the prime minister raises questions about executive compensation in government-managed investment funds.
The generous remuneration of 11 Australian public servants employed at the Future Fund has been criticised as insulting during a cost-of-living crisis and amid job cuts across the public service. Photograph: Mick Tsikas/AAP The generous remuneration of 11 Australian public servants employed at the Future Fund has been criticised as insulting during a cost-of-living crisis and amid job cuts across the public service. Photograph: Mick Tsikas/AAP Breaking News Australia Australian politics Million-dollar public servants: 11 staff at Australia’s Future Fund paid significantly more than the PM One executive received a $1.5m package last year, while 10 other staff received remuneration exceeding $1m each
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Prefer the Guardian on Google Nearly a dozen federal public servants were paid more than $1m last year, with one receiving a $1.5m package worth more than double Anthony Albanese’s base salary.
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