Workforce increased 39,000 in April driven by the steep rise in...
While the number of people in work increased by 39,000, there are an additional 278,000 people looking for more work...
READ MORECEOs hit with 25 per cent pay cut
The 25 new chief executives appointed to top 200 companies over the past 18 months received an average 25 per cent pay cut from their predecessors, according to new research by consultants Egan Associates.
The research reveals that the new batch of CEOs, which included Wesfarmers' Rob Scott, Origin Energy CEO Frank Calabria and Carsales CEO Cameron McIntyre, received an average $4.19 million pay packet compared to over $5 million for the outgoing CEOs.
Read the full article on the Australian Financial Review.
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Tax Institute labels $20K tax break 'confusing'
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