Executive Pay Outs

"Australian companies and the regulatory framework they operate under are not responsible for the current crisis … and they shouldn't be overregulated in response to it," Mrs Ridout said.

We are not responsible for it either. It is a question of balance, a matter of equity and then doing the right thing because it is the right thing to do. We are all in this and we all need to consider how to now best manipulate some very bad financial management and then , perhaps, the fall out when companies collapse. There is no reason for executives to have preferential treatment under these circumstances. Reporting the facts is all it takes. Remuneration is for everyone. The open discussion will only help us to see the picture clearly. Everyone needs to be heard and we'll get plenty of information since this is a global phenomenon.