Saturday, January 28, 2006

Australia's top executives reap the rewards

Research by the Journal of Australian Political Economy, shows that in the last 15 years, the average annual income of Australia's top CEOs has risen by 564%, to stand at AUS$3.4 million.

According to the report, incomes of those at the top now outweigh the average full-time wage earner by a ratio of 63 to 1.