The independent tribunal that sets politician pay has determined to give federal MPs a 4 per cent pay rise, saying previous pay increases have been conservative.
I'm pretty sure the PM is getting about half the amount the VC at my university gets for a more important more stressful job, there's just the cynicism of people voting to increase their own income (which I'm sure my VC does too). I always feel like politician pay should be based on the median income (like, starting at 80% going up to 250%) adjusted yearly or something. Not much reasoning, just idle thought on that though.
That's a really good way to look at it, should certainly incentivise them to do better for Australians, but they might just go corrupt or take donations
I'm pretty sure the PM is getting about half the amount the VC at my university gets for a more important more stressful job, there's just the cynicism of people voting to increase their own income (which I'm sure my VC does too). I always feel like politician pay should be based on the median income (like, starting at 80% going up to 250%) adjusted yearly or something. Not much reasoning, just idle thought on that though.
That's always been my take. That way if they want a pay rise just improve things for everyone and they get one
That's a really good way to look at it, should certainly incentivise them to do better for Australians, but they might just go corrupt or take donations