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New Wesfarmers boss to cop pay cut

Community backlash against the big pay packets of CEO’s in Australia is believed to be behind the $3million ‘haircut’ received by incoming Wesfarmers chief executive Rob Scott, compared to current boss Richard Goyder.

University of Queensland Economics Professor, Julie Walker told Mornings with Gareth Parker, corporations are now having to justify the what they pay their top executives.

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Liam Bartlett
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