Millionaires factory hosts seven of Australia’s 10 highest-paid execs

Millionaires factory hosts seven of Australia’s 10 highest-paid execs
Little-known Macquarie veteran Nick O’Kane became the country’s highest-paid executive this year. (Image: Deposit Photos)
Australian Financial Review
Seven of Australia's 10 highest-paid executives, below the chief executive level, work at Macquarie Group, underlining the investment bank’s moniker as the millionaires factory.More broadly, the pay packets of senior executives across the ASX 200 swelled as share prices soared and the skills shortage grew more acute.Recruiters say executive pay rises are most notable across healthcare, utilities and infrastructure, technology and ESG roles. The country’s top 10 highest-paid chief financial officers enjoyed an average pay rise of...

More Finance

Payments NZ could play key role in open banking standards
Finance

Payments NZ could play key role in open banking standards

A draft decision proposes an 18-month approval, rather than the five years requested.

Ben Moore 01 Jul 2024
Singapore becomes hot spot for M&A bankers hunting Asia deals
Finance

Singapore becomes hot spot for M&A bankers hunting Asia deals

The island is a magnet for parties interested in mergers and acquisitions.

Bloomberg 28 Jun 2024
Medicine working but business confidence continues to fall
Finance

Medicine working but business confidence continues to fall

Confidence in retail and construction rose, while other sectors were more downbeat.

Tom Raynel 27 Jun 2024
Shareholders association opposes Geneva Finance delisting
Finance

Shareholders association opposes Geneva Finance delisting

Company says it will exceed USX governance rules.

Jem Traylen 26 Jun 2024