Australia Post investigation should review enormous executive salaries and bonuses

2020-10-26

Greens Spokesperson for Communications Senator Sarah Hanson Young responded to the Morrison Government’s terms of reference for an investigation into Australia Post:

“This investigation is supposed to establish whether this publicly-owned essential service is acting in the best interests of its shareholder – the Australian taxpayer - and yet the enormous pay packets and bonuses pocketed by executives don’t get a mention in the terms of reference.

“No one working in the public service should be taking home multi-million-dollar salaries and paid bonuses.

“It’s not just the Cartier watches that are the problem, it’s Australia Post becoming a quasi-private, quasi-public organisation that is now out of step with community expectations.

“It’s time to wind back the clock and ensure Australia’s postal service is a truly public organisation acting in the best interests of taxpayers, not millionaire executives.

“The Greens will re-introduce our bill to cap executive salaries and end performance-based pay at Australia Post and across the public service.

“Time’s up for those seeking a luxury lifestyle on the public purse whether its executives at Australia Post or ASIC, and the Parliament needs to do its job and rein them in.”