11 staff at Australia's Future Fund received salaries exceeding $1 million
The Guardian · October 1, 2026Original source ↗
What happened
Eleven federal public servants at Australia's Future Fund were compensated over $1 million last year. One executive received a total package of $1.5 million, which is more than double the base salary of the Prime Minister.
Why it matters
The salaries of these public servants during a cost-of-living crisis and amid public service job cuts have raised concerns about government spending.
How this story affects people
How does this story affect you if you are a federal public servant?
You may feel disheartened by the disparity in pay as your colleagues receive substantial compensation while job cuts are occurring. This situation could lead to increased job insecurity and dissatisfaction among public sector employees.
How does this story affect you if you are a taxpayer?
You might be concerned about how government funds are allocated, especially during a cost-of-living crisis. The high salaries of these public servants could provoke calls for greater transparency and accountability in government spending.
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