Senator Minchin said the government should reveal the salary packages of top management of the publicly funded NBN Co. Earlier, the public expressed anger over the salaries of the executives at the time of the economic downturn.
He said: "Considering Australian taxpayers will be the major stake-holder in the NBN company, I think Senator Conroy is obliged to outline details regarding remuneration arrangements for the board members and CEO, particularly after all Mr Rudd's tough talk about reining in executive salaries."
Meanwhile, a spokesman for Senator Conroy has mentioned that soon the remuneration package of the Chairman and Chief Executive of NBN Co, Michael Quigley shall be made public, which would also be as per the regulatory requirements for incorporated companies.
The particulars of the salary package shall be released through the Minister's office. The report of the senior management team of NBN Co headed by Quigley shall also be released along with it.
The remunerations given by the Board to the Directors of NBN Co through the Commonwealth's Remuneration Tribunal - which specifies the pay for parliamentarians, the judiciary and appointees to agency boards - shall also be made public.
Senator Minchin, the leader of the Opposition in the Senate, also wanted to know the role of the NBN board till such time the implementation study, being carried out by McKinsey KPMG consultants, is made known.
He said, "The Government has given (McKinsey-KPMG) an enormous and perhaps impossible task, not to simply assess proposals, but to some how design a national network from scratch and develop an implementation plan for its financing and construction. Considering they have virtually nothing to work with, I suspect the only way they could tackle this would be to model a whole range of different scenarios, particularly if firm agreements cannot be reached with existing infrastructure providers over access or vend in of assets."
He further added: "I am also curious as to the roles the board members will play in the interim, considering the implementation study will need to run its course before it even knows it will have a viable company to administer."
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