By Jessica Stanic · 1 May 2009 · News
Treasurer Wayne Swan's call to action sparks surprising response irks from Australia's top banking executive. But what does this drastic move mean for the future of the financial sector?
In light of the financial crisis, Treasurer Wayne Swan has urged banking executives to take a pay cut, in order to win back the trust of the Australian people. Macquarie Bank chief executive Nicholas Moore has today taken a massive 99 per cent pay cut after the bank posted a hefty fall in profit. The […]