Australia CEOs' Bonuses Soar as Workers Struggle for Pay Rise

The Australian Council of Superannuation and Trustees (ACS) has conducted research showing that CEO bonuses in Australian companies have increased by 18% over the past year, despite stagnant wage growth for the average worker. This disparity highlights an economic issue where CEOs receive significant bonuses while the general workforce experiences minimal wage increases. The ACS plans to scrutinize company remuneration practices more closely during the upcoming reporting season to address this imbalance.

What is the primary focus of the research conducted by the Australian Council of Superannuation and Trustees?

• The influence of foreign investors in Australia

• The role of technology in modern investments

• The control of pension fund investors over assets

• The impact of climate change on investments

By what percentage have CEO bonuses increased in Australian companies over the past year?

• 18%

• 20%

• 15%

• 10%

What economic issue is the central bank in Australia struggling with?

• High unemployment rates

• Stagnant wage growth

• Rising housing prices

• Decreasing foreign investments

What action is the Australian Council of Superannuation planning to take during the upcoming reporting season?

• Scrutinize company remuneration practices

• Increase investment in technology

• Reduce pension fund contributions

• Promote foreign investments

What is the main reason for the increased scrutiny on company remuneration practices?

• The decrease in company profits

• The decline in stock market performance

• The rise in CEO bonuses

• The increase in foreign investments