30/09/2009 - 10:22am

The Australian Greens have today released an options paper for government action on ‘obscene' executive remuneration.

"In view of the expected release of the Productivity Commission report, the Greens are putting forward a suite of defined options to curb the most ‘obscene' executive pay packages," Australian Greens Leader Bob Brown said.

"The Prime Minister has repeatedly condemned greedier pay packages as ‘obscene' but just as frequently failed to take any action."

"The Greens will be looking for specifics rather than more sets of vague and unspecified proposals which allow the government to avoid action." Senator Brown said.

Media contact: Peter Stahel 02 6277 3170 or 0433 005 727

*The report is attached to this page in PDF format.

[file] Curbing CEO Salaries.pdf 29/09/09 7:41 pm 202.77 KB