NBN boss Stephen Rue paid $3 million in 2020

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National Broadband Network boss Stephen Rue is now one of the nation's highest paid taxpayer-funded executive after earning more than $3 million in the past financial year | Rob Harris JennieDuke

Ms Holgate was paid $2.6 million in 2019, including an $830,000 bonus, but took home $1.6 million this year after a voluntary 20 per cent pay cut and her board vetoed personal bonus payments amid the economic climate.Prime Minister Scott Morrison is paid about $550,000 a year, while Reserve Bank governor Philip Lowe earned just shy of $1.1 million in the 2020 financial year.

The NBN Co annual report, released on Tuesday, shows Will Irving, the former head of Telstra's infrastructure arm, was paid more than $1 million including about $250,000 in short-term bonuses after joining the NBN last year as chief strategy and transformation officer. The total pay figure of $11.4 million across the executive team includes base salaries, bonuses, fees, termination payments and long service leave paid to former chief strategy officer JB Rousselot and former chief network engineering officer Peter Ryan, but neither received short-term incentives in 2020.

 

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JennieDuke I get it - parody.

JennieDuke All that for 68th fastest in the world. Who says underachievement doesn't pay?

JennieDuke I'd have done it for half that.

JennieDuke Why.

JennieDuke Doing what? 🤦‍♂️🤦‍♂️🤦‍♂️

JennieDuke 'The total pay figure of $11.4 million across the executive team includes base salaries, bonuses, fees, termination payments and long service leave paid ... ' And how many homeless do we have in this country again?

JennieDuke Because the NBN is such a great success.

JennieDuke How can this obscenity be justified ?

JennieDuke Dear Stephen Rue. Before NBN via old Foxtel Connection our speeds were fabulous. Enviable. Now on NBN we pay 20% more and our speeds have been halved. Thanks a lot. Give some of your salary back you fair dinkum shyster.

JennieDuke Beyond belief.

JennieDuke I’m in northern Sydney, we still have no NBN and Telstra has let ADSL die.

JennieDuke Obviously not performance based!

JennieDuke that is an absurd amount 😪

JennieDuke Pay him in copper.

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