Allan Moss earns more in an hour than someone on the pension or the dole gets in a year. In a day, he earns more than most workers get in a year.Australia's highest-paid boss, Macquarie Bank chief executive Allan Moss, has pocketed a 57% pay rise, no taking home more than double an average workers yearly wage for one day at the office.
And wages over the last 12 months have only increased a pitiful 4%, in line with the CPI but well below the price rises of basic necessities such as food.
Moss earned $33,489,818 in the year to March 31, 2007. This was 57% more than he got in the previous 12 months ($21,210,349).
His wage is the equivalent of $644,034 a week, $128,806 a day or $16,948 an hour if Moss worked a 38-hour week. The average yearly Australian wage is about $55,000.