Where’s the outrage over executive pay?

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By Leith van Onselen

Business groups really are hypocrites. Recently we have witnessed them complain incessantly about Australia’s uncompetitive wages and the need to cut penalty rates and the real value of the minimum wage.

Yet at the same time, executive pay continues to grow unabated, as was masterly exposed back in April by The Australian’s Adam Creighton:

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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.