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A 49% salary rise! It goes to show the sheer greed of these people who lose touch with reality. We all know the share markets fell last year, so these guys must think they are immune to accountability.
The popular trend now has gone a step further, demanding they pay back a part of what they've helped themselves to.
Although the Coalition top-guns are working on new legislation to enable shareholders to have a binding vote on payouts to executives, I believe it's too little and too late.
More likely they'll need to introduce strict pay rules for company executives established and presided over by the State, and possibly will have to get rid of a whole army of present executives and replace them.
These guys have just gone too far, and once they have been criticised in the way the PM has done yestrday, there is no turning back.
People are beginning to realise they are responsible for much of the economic crisis, having presided over the major companies in our economy, as well as helping themselves to the shareholders' money with such outrageous, self-serving greed.
Once we get the foundations right, economic prosperity can start to blossom, when the unjust are removed from their high perches.