Business
Shareholder revolt unable to stop CBA executive pay hikes – NEWS.com.au
Shareholder revolt unable to stop CBA executive pay hikes
Top Commonwealth Bank executives have been graced with hefty pay rises despite yearly fixed income increases for employees being slashed due to lower wage growth. Shareholders hit the country’s largest banking group with a substantial protest vote at Tuesday’s annual general meeting, angry over scheduled executive remuneration rises during the middle of a recession.
The revolt by certain shareholder voting blocs has also been sparked by changes to CBA’s employee enterprise agreement, which will…
-
Noosa News21 hours agoMan charged over allegedly abandoning Arnie the German shepherd in car after claiming dog and vehicle were stolen
-
Noosa News22 hours agoMotorcyclist dies in crash with truck
-
Noosa News23 hours agoSomerville House investigating after teachers’ dossier on students leaked
-
Noosa News21 hours agoAustralia Post reintroduces weekend deliveries for Christmas parcel rush