Greens flag Senate action to curb CEO excesses
The Greens are seeking legal advice on an amendment to the Fair Work Australia Bill 2008 to curb excessive CEO payouts, Australian Greens Leader, Senator Bob Brown said today.
"Under the Greens' proposal, the Fair Work Australia Commission would review executive salaries before ordinary workers are made redundant. The Commission would require a company to explain why high executive salaries should not be lopped in preference to jobs," Senator Brown said.