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The New Daily
The New Daily
Business
Rachael Ward

Executives’ pay more than double the rate of inflation

Executives at the top companies enjoyed a generous pay rise compared with the general workforce. Photo: AAP

Australian executives scored pay rises amounting to more than double the rate of inflation over the past year, well outstripping wage increases for general workers.

Base salaries of managing directors at ASX-listed companies increased on average by 14 per cent over the past 12 months, while chief executives‘ pay packets increased by 15 per cent.

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