Australia's highest paid CEOs

Australia's Highest Paid CEOs

Despite volatile market conditions and a shaky global economy, Australia's CEO salaries keep on getting bigger.

Our top 300 listed companies paid their leaders an average of $2.33 million, which is up from $2.25 million last year according to data from the Australian Financial Review.

The research showed that the increase in CEO salaries was largely driven by an 11 per cent increase in annual bonuses.

With the share market sinking some 16 per cent since April, shareholders could be forgiven for not being happy with the CEO salary increase. Unlike previous years however, shareholders finally have some bite thanks to the new two-strikes rule coming into effect.

The new legislation means that if 25 per cent of shareholders reject two consecutive executive remuneration reports, a resolution is triggered to dump the board, and if this resolution is supported by 50 per cent of voters the full board is forced into a re-election.

So who are the highest paid corporate chiefs in Australia? Click ahead to find out.

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