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

PEP seeking payday from UP Education
Finance

PEP seeking payday from UP Education

UP Education is a NZ success story in Australia.

Pattrick Smellie 23 Apr 2025
FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.