It’s time to cap politicians’ and bureaucrats’ pay

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By Leith van Onselen

In the wake of the latest wave of pay rises received by federal politicians and senior bureaucrats, The Australian’s Adam Creighton has called for pay caps to be implemented that limits their pay to a certain multiple of average earnings:

Australian politicians and public servants are paid well, more than double their British counterparts. The politicians’ 420-strong team of media and political advisers are paid remarkably well too, with many in their 20s without experience outside politics earning more than $200,000 a year, almost as much as the chairman of the US Federal Reserve.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.