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‘Outrageous’: NBN Co on notice over $80m in bonuses

Tom McIlroy
Tom McIlroyCanberra Bureau Chief

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Communications Minister Paul Fletcher has warned NBN Co not to give staff lavish corporate salaries after it was revealed the company paid $78 million in bonuses last year.

Blaming Labor for the corporate structure of the company charged with building and operating the national broadband network, Mr Fletcher said all government-owned businesses had a responsibility to manage public funds responsibly.

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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/politics/federal/outrageous-nbn-co-on-notice-over-80m-in-bonuses-20210218-p573ny