Australia What recession? Australian taxpayers still forking out for hefty salaries
Paying to go to work: our childcare problem
Australian workers, mainly women, suffer from perverse tax disincentives when they pay for childcare. For many they're not just copping a higher rate of tax than our highest-paid corporate titans, they're paying to go to work."It's massive," said Professor Patricia Apps University of Sydney Law School. "If they go beyond part-time they basically get almost no income.
NBN Co chief executive Stephen Rue earned more thanlast financial year, the highest taxpayer-funded salary in Australia after receiving a $1.2 million bonus — despite NBN not meeting revenue forecasts.
As Australia suffers peak unemployment and a recession, taxpayers pay out big bucks for public figures.
Australia Post CEO Christine Holgate
Despite staff redundancies, service and delivery day cuts, Australia Post pays its head honchos well. Holgate took homein 2019-20 — down from after taking a voluntary 20% pay cut and her bonus.
Salaries in Serie A: This is how much Cristiano Ronaldo, Ibrahimovic, Hakimi & Co collect
The Italian sports newspaper Gazzetta dello Sport has published the payrolls of the Serie A . Accordingly, Cristiano Ronaldo is unsurprisingly the absolute top earner in Italy. Record champions Juventus Turin pays its players the richest salaries. © Provided by 90min CR7 earns the most money by far in Serie A | Silvia Lore / Getty Images Juve pays its first team professionals a total of 122 million euros per year.
ABC managing director David Anderson
Our national broadcaster has cut hundreds of jobs, scrapped next year’s cadet program and attempted to implement pay freezes — yet Anderson was paidin 2018-19. Between April and September this year, he took a 5% pay cut.
Australian Prudential Regulation Authority chairman Wayne Byres
The banking, insurance and superannuation supervisor gets an annual salary of $886,750. Unsurprisingly, he’s stayed in the position since 2014.
Video: Government to digitise incoming passenger cards (Sky News Australia)
Australian Competition and Consumer Commission chairman Rod Sims
The ACCC boss takes home a tidy. His annual salary is matched by Australian Securities and Investments Commission chairman James Shipton, and Solicitor-General Dr Stephen Donaghue, QC.
Arizona school tax backers cry foul after Andy Biggs links their funding to PPP loans
Arizona Republican Rep. Andy Biggs is calling on the federal government to investigate whether a nonprofit used money from Paycheck Protection Program loans to back a referendum on Arizona school taxes, a claim the organization calls a "desperate lie."In an Oct. 6 letter provided exclusively to Fox News, Biggs told Treasury Secretary Steven Mnuchin and Small Business Administration chief Jovita Carranza he was "alarmed" to learn from constituents that an Oregon-based non-profit, Stand for Children, was "a major recipient of between $1-2 million" in Paycheck Protection Program (PPP) funding from last spring's CARES Act.
Services Australia CEO Rebecca Skinner
In charge of the troubled welfare and social services sector, Skinner takes home $748,210 a year. She has attempted to move past the robodebt controversy and has since had to deal with a surge in demand for services as unemployed Australians line up around the block for Centrelink.
This morningthat more than 400 Victorian Centrelink call centre staff have been sacked. Centrelink, child support and Medicare workers and their union, the CPSU, have published an expressing concern around casualisation and privatisation of public services.
Australian Security Intelligence Organisation director-general of security Mike Burgess
The head of Australia’s spy agency receives a salary of $665,070, and this year has dealt with aand foreign spies infiltrating politicians. ASIO is also attempting to to question journalists and advocacy groups.
What do you actually earn at IKEA?
In Germany, IKEA is one of the best-known and at the same time one of the most popular companies. But what do the employees of the furniture store actually earn? © Provided by Finanz.net Spencer Platt / Getty Images IKEA worldwide Since the establishment and opening of the first store in 1958 in Älmhult, Sweden, the multinational furniture company has succeeded in expanding the number of stores to a total of 433 worldwide. In 2019, IKEA operated 246 furniture stores across Europe.
Prime Minister Scott Morrison
Australian politicians are some of the highest paid in the world. Morrison earns $549,229 — more than German Chancellor Angela Merkel and New Zealand Prime Minister Jacinda Ardern.
During the height of the pandemic, as wage freezes were implemented to all Commonwealth public servants, Morrison refused to follow the lead of other international leaders and.
On top of his annual salary, Morrison lives rent-free in Kirribilli House and The Lodge in Canberra and gets $583 a day travel allowance. After retirement, he’ll get generous superannuation benefits, three new advisers andclass trips a year.
Sex, race, age and disability discrimination commissioners, the Aboriginal and Torres Strait Islander social justice commissioner, human rights commissioner and the national children’s commissioner each get a pay packet of $360,250.
There has been a surge of reports to various commissioners during the pandemic. Race Discrimination Commissioner Chin Tan received aof racial abuse linked to COVID-19.
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Economic recovery will be 'unpredictable and uneven' RBA warns as it models 50pc property price fall .
More Australians could go into "negative equity" if the COVID-led recession leads to a big property price fall, according to the Reserve Bank.In a speech about major risks to Australia's financial stability on Tuesday evening, RBA assistant governor Michele Bullock warned more businesses would go under and this would have a negative impact on bank balance sheets.