http://www.news.com.au/heraldsun/story/0,21985,21777795-662,00.html
IT would take an average worker 10 years to earn what Macquarie Bank CEO Alan Moss gets each week, unions say.
Based on his annual salary of $33.5 million, Mr Moss earns about $640,000 a week.
The average full-time male worker gets about $60,000 a year.
Such a person would need to work for 558.3 years to earn what Mr Moss gets paid annually.
The ACTU released the figures yesterday in a bid to embarrass Prime Minister John Howard.
Mr Howard said yesterday: "You need to have a system where people who have great talent in running companies are paid a good wage . . . because they take risks and they guide the fortunes of companies that employ millions of people."
ACTU president Sharan Burrow said Mr Howard's comments and links to big business on IR showed he didn't care about workers.
"Despite a booming economy, large numbers of working Australians are facing either stagnating or declining wages as a result of his Government's IR laws," she said.
Mr Howard has said reforms like WorkChoices (former brand name for workplace relations dropped by Joe Hockey in a spin attempt to rewrite the "bad" as now good via advertising blitz) are vital to keeping the economy competitive.
Meanwhile, the State Government will enact laws to ensure Victorian outworkers keep the same wages and conditions as federal award employees.
Industrial Relations Minister Rob Hulls said this was needed because WorkChoices had moved many outworker entitlements to a lower award.
The Government is also legislating to protect workers who ask bosses about pay and conditions.
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