Fed: Greens will continue to push govt on CEO pay caps

AAP General News (Australia)
02-05-2009
Fed: Greens will continue to push govt on CEO pay caps

CANBERRA, Feb 5 AAP - The Australian Greens want the federal government to follow US
President Barack Obama's lead and limit the salaries of corporate bosses.

But the party is getting little support for its move, with both Labor and the coalition
blocking another attempt to tackle the issue in parliament.

President Obama has set a salary cap of $US500,000 on the chief executives of companies
his administration is bailing out in the wake of the global financial crisis.

The Greens' fourth attempt at raising the salary packages of …