Australia Post boss paid 10 times more than PM

Australian Prime Minister Malcolm Turnbull has approached the nation's state postal administrator to rethink the compensation granted to its CEO.

It has developed that Ahmed Fahour earned A$5.6m ($4.3m; £3.4m) a year ago - more than ten circumstances the PM's pay.

Mr Turnbull said the compensation was "too high".

Australia Post guarded the payout, saying it incorporated a reward because of Mr Fahour who controlled the business from misfortune to benefit in 2016.

The association is government-claimed, with legislators on all sides saying the pay was too high for a government employee.

'Focused business'

Mr Fahour's aggregate payout for the year to June 2016, incorporated an A$1.2m reward and additionally all different advantages including superannuation (annuity commitments), Australia Post said.

Ahmed FahourImage copyrightGETTY IMAGES

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Mr Fahour joined Australia Post as CEO in 2010

"It's an extremely focused business and we have to pay aggressive compensations," the company's administrator John Stanhope told the Australian Broadcasting Corporation.

He included that all the company's benefits - and right around seventy five percent of its deals - originated from its bundle business, which went up against any semblance of DHL and FedEx.

The pay points of interest developed after a demand from Australia's Senate.

Australia Post ceased routinely distributing official pay data after its 2014-15 yearly report, yet Mr Stanhope said there had been "no proposed mystery, or absence of straightforwardness".