Saturday, 9 July 2022

Executive bonuses will need to be justified in a review of NBN Co, new communications minister says

In opposition, Michelle Rowland said publicly-owned firm ‘might have an incentive to set and surpass artificially low targets’

NBN Co will need to demonstrate that the targets it sets for bonus payments to executives represent actual performance, under a review brought on by the new Labor government.

Communications minister, Michelle Rowland, said NBN Co targets would be considered as part of the review of government-owned business bonuses initiated under the Albanese government, which also includes Australia Post.

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