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Australia's CEOs See 16% Pay Rise Amid Labor Party Concerns

Source: The Guardian World - Published: 15 Jul 2026 00:35

In the 2025 financial year, chief executives of Australia's top 100 companies earned a median realized pay of $4.8 million, marking a 16% increase from the previous year. This figure represents the highest median recorded over 12 years, with notable earners including Life360's Chris Hulls at $47.7 million and Macquarie's Shemara Wikramanayake exceeding $30 million.

Meanwhile, Labor's Ed Husic cautioned that the party risks losing voter support if it continues to handle discussions on Palestinian rights with fear and loathing, drawing parallels to the challenges faced by the US Democrats. Husic's comments highlight an internal debate within the party ahead of its national conference in July.

Watch for Labor's national conference in July, where internal debates on Palestinian rights may shape party direction. Additionally, the growing disparity in CEO pay raises questions about corporate governance and public sentiment towards economic equity in Australia.

Briefed by Gibik from the original source.