In contrast to the many families having a hard time making ends meet, company executives appear to be living the high life.
AGL Chief Michael Fraser is on a base salary of $1.48-million a year. His bonus was an added $1.85 million. That’s probably why he can afford to live in the Highgate Apartments, one of the country’s most prestigious addresses. The property, with sweeping Sydney Harbour views, also boasts an athletic club, pool, and boardroom.
Origin Energy Boss, Grant King is also a member of the millionaire power club. His salary is a bit more than $2 million, his bonus $1.82 million. The average price of a home in Grant King’s neighbourhood is more than $1.5 million. Right on the harbour, in Sydney’s inner west.
Government owned Energy Australia is run by George Maltabarow. His base salary is $626,000, his bonus another $150,000.
Former Rail Boss, Vince Graham now runs Integral Energy with a salary of more than half a million dollars, and a bonus of $107,000.
While Country Energy Managing Director Craig Murray’s total package is more than $666,000, but he doesn’t get any bonuses.
“They’ve got our money,” says Brent.
In NSW, more than 10,500 people complained about power bills. In Victoria there were 38,500 complaints about electricity and in Queensland hit almost 13,500 complaints, up almost 100%
CO2 = P x S x E x C,, i s just like abbott and costellos comedy skit 13 X 7 = 28 LOL we all know 4 X 7 = 28 Mr gates, who do you think you are fooling … and why are we putting up with this obviious SCAM upon us all in relation to Carbon