The independent tribunal that sets politician pay has determined to give federal MPs a 4 per cent pay rise, saying previous pay increases have been conservative.
A lot of people are probably going to jump on the bandwagon and say that it’s too much and that they’re out of touch - just remember that the CEOs of big companies get millions of dollars per year for significantly less work and managing less stress. While we may not agree that these particular politicians particularly deserve this pay - I don’t think it is unreasonable
I’m pretty sure the PM is getting about half the amount the VC at my university gets for a more important more stressful job, there’s just the cynicism of people voting to increase their own income (which I’m sure my VC does too). I always feel like politician pay should be based on the median income (like, starting at 80% going up to 250%) adjusted yearly or something. Not much reasoning, just idle thought on that though.
It is unreasonable for anyone to be earning that amount of money and the fact that others earn more should not be used as a justification. Particularly considering how many additional benefits politicians receive alongside their exorbitant salaries.
Personally I do want politicians to be earning enough that it stops being super easy to bribe them. If that means giving them a few million a year that’s fine, because it’s pocket change compared to the cost savings in terms of corruption.
A lot of people are probably going to jump on the bandwagon and say that it’s too much and that they’re out of touch - just remember that the CEOs of big companies get millions of dollars per year for significantly less work and managing less stress. While we may not agree that these particular politicians particularly deserve this pay - I don’t think it is unreasonable
I’m pretty sure the PM is getting about half the amount the VC at my university gets for a more important more stressful job, there’s just the cynicism of people voting to increase their own income (which I’m sure my VC does too). I always feel like politician pay should be based on the median income (like, starting at 80% going up to 250%) adjusted yearly or something. Not much reasoning, just idle thought on that though.
It is unreasonable for anyone to be earning that amount of money and the fact that others earn more should not be used as a justification. Particularly considering how many additional benefits politicians receive alongside their exorbitant salaries.
Personally I do want politicians to be earning enough that it stops being super easy to bribe them. If that means giving them a few million a year that’s fine, because it’s pocket change compared to the cost savings in terms of corruption.