Oz fat cat salaries hit $5m

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AUSTRALIA - Chief executive salaries at Australia's top 100 companies increased three times as fast as the rise of average weekly earnings over the period from 2001 to 2007, research has found.

A report from the Australian Council of Superannuation Investors (ACSI) revealed that over the six year period, median fixed remuneration increased more than 96%, while the average adult weekly ear...

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