Ports North bigwig bonuses fail the ‘pub test’: LNP

The shadow transport minister has slammed Port North senior executives for paying themselves hefty pay rises despite a recording a net loss of $12.2 million.

Ports North corporate services general manager Kerry Egerton’s pay rose $44,146 to $281,526. Pictured with former Ports North chairman Brett Moller.

• Ports North bosses get big bonus
• Ship shortfall blamed on dodgy data

LNP’s transport spokesman Steve Minnikin has slammed Ports North senior executives for paying themselves hefty bonuses despite a net loss of $12.2 million. Revealed in the Ports North annual report tabled last week chief executive Chris Boland’s total package increased by $33,926 to nearly $400,000 while corporate services general manager Kerry Egerton’s pay rose $44,146 and planning and infrastructure general manager Alan Vico received a $23,069 bonus.

Mr Minnikin said Premier Annastacia Palaszczuk needed to explain why performance bonuses were paid and approved by Treasurer Jackie Trad and Transport Minister Mark Bailey, who said: “Any reading of Ports North’s annual report clearly shows their budget was impacted by one-off expenses associated with that massive jobs-generating project to bring more visitors and more tourism to Cairns.”

Originally published as Ports North bigwig bonuses fail the ‘pub test’: LNP