1. QUOTE from:
    Rudd flags executive salaries crackdown
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    He says they can try to apply moral pressure but it has not worked well. "I well remember [former prime minister] John Howard and [former treasurer] Peter Costello expressing outrage at remuneration but ultimately it is a matter for shareholders" he said. "It is the money that belongs to individual shareholders and the shareholders should be the ones to speak up about the ludicrous payments to chief executives." Full Article at ABC Online
    I well remember [former prime minister] John Howard and [former treasurer] Peter Costello expressing outrage at remuneration but ultimately it is a matter for shareholders
    SOURCE: ABC Online 2 months ago
All quotes from:
Rudd flags executive salaries crackdown
  1. It would be unlikely that we would respond [this year] considering that the Productivity Commission is not making their final recommendations until much later this year ... but we will respond as quickly as is sensible and prudent.
    SOURCE: ABC Online 2 months ago
  2. We will very carefully and closely consider the Productivity Commission's final recommendations and it could well be the case that legislation rises out of that, but we will need to see the Productivity Commission's final recommendation
    SOURCE: ABC Online 2 months ago
  3. It is the money that belongs to individual shareholders and the shareholders should be the ones to speak up about the ludicrous payments to chief executives.
    SOURCE: ABC Online 2 months ago
  4. Shareholders reject that and then you have got to go back to negotiations and continue to have a series of votes and that is not necessarily workable. So what we need to do is wait to see the Productivity Commission's recommendations and then work those through methodically in consultation with the comm...
    SOURCE: ABC Online 2 months ago
  5. There are a couple of things to bear in mind. We think that shareholders need to have more of a say, particularly in relation to termination benefits
    SOURCE: ABC Online 2 months ago
  6. If you put every aspect of executive remuneration before shareholders, you could get the situation where the board puts before shareholders our position
    SOURCE: ABC Online 2 months ago

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