Australian PM kicks over civil servant who earns 10 times his pay

Australian PM kicks over civil servant who earns 10 times his pay
February 08 13:08 2017

Australian Prime Minister, Malcolm Turnbull, has called on the country’s state postal operator to reconsider the pay awarded to its chief executive.

It has emerged that Ahmed Fahour earned A$5.6m ($4.3m; £3.4m) last year – more than ten times the PM’s salary.

Mr Turnbull said the remuneration was “too high”.

Australia Post defended the payout, saying it included a bonus due to Mr Fahour who steered the business from loss to profit in 2016.

The organisation is government-owned, with politicians on all sides saying the salary was too high for a civil servant.

‘Competitive business’

Mr Fahour’s total payout for the year to June 2016, included a A$1.2m bonus as well as all other benefits including superannuation (pension contributions), Australia Post said.

“It’s a very competitive business and we need to pay competitive salaries,” the firm’s chairman John Stanhope told the Australian Broadcasting Corporation.

He added that all the firm’s profits – and almost three-quarters of its sales – came from its parcel business, which competed against the likes of DHL and FedEx.

The salary details emerged after a request from Australia’s Senate.

Australia Post stopped routinely publishing executive pay information after its 2014-15 annual report, but Mr Stanhope said there had been “no intended secrecy, or lack of transparency.

BBC