Australian CEOs Enjoy 14% Pay Rise As Workforce Wages See Just 5% Increase: Report

Australian CEOs Enjoy 14% Pay Rise As Workforce Wages See Just 5% Increase: Report

Pixabay Australia’s CEOs saw a startling 14% pay rise in the last 12 months, while the rest of the workforce received merely a 5% increase in their wages, a new report has revealed. This was not only an Australian trend, as high-level executives were seeing salary increases throughout the world, according to the Governance Institute … Read more

Australian Banks Shower Investors With Cash As Profits Tumble

Australian Banks Shower Investors With Cash As Profits Tumble

IBTimes US In the face of intense competition in the mortgage market, Australian banks want to return billions to shareholders, sparking worries that buybacks are a response to surplus cash rather than helping investors. Australia’s banks are having trouble turning a profit because of the intense rivalry for new mortgage clients. As Matt Haupt, a … Read more