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 total value of assets controlled by the pension fund investors mentioned in the text?

What is the percentage increase in CEO bonuses at Australian companies over the past year?

How do the wage growth trends for average workers in Australia compare to the bonuses received by CEOs?

What has been the central bank's concern regarding wage growth in Australia?

What actions are the Australian Council of Superannuation (ACS) planning to take regarding company remuneration?