Labor has asked Australia Post and NBN Co to explain how tens of millions in taxpayer-funded bonuses are in keeping with community expectations and reflect value for money.
The Australian Financial Review reported this week that at least 24 public servants and government-owned corporation executives last year earned more than $1 million, including multiple executives from Australia Post, NBN Co and Snowy Hydro.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
Tom McIlroy was the Financial Review’s Canberra bureau chief.
