Helen Coonan (NSW, Liberal Party, Manager of Opposition Business in the Senate) Share this | Hansard source

I should place on record firstly that I acknowledge Senator Bob Brown’s interest in this matter. He has raised it in a number of places and in a number of ways. The Leader of the Opposition, Mr Turnbull, recently—I think at an address to the National Press Club—made a proposal that consideration be given to making some levels of executive pay, at least that of the CEO, if memory serves me correctly, subject potentially to a binding vote of shareholders. That is something that is of interest to the opposition.

I am not in a position to indicate that the opposition supports Senator Brown’s amendment, but it is a matter that will continue to come up and be of interest as we debate various bills to which it may be relevant. The opposition certainly has it under close consideration—the issue but not specifically Senator Brown’s amendment.

Question negatived.

Bill agreed to.

Bill reported without amendment; report adopted.