Aussie CEOs underpaid? Tell ’em they’re dreaming

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By Leith van Onselen

A report from the Melbourne University’s Centre for Corporate Governance & Regulation has cast doubt on the general perception that Australian CEOs are overpaid. Indeed, the Centre concluded that the majority of Australian CEOs are paid less compared to their overseas counterparts at companies in the same sector and of a similar size. From The AFR:

…analysis by Melbourne University busts the popular myth, showing that CEOs in almost every industry receive lower compensation than their global peers.

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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.