Reserve Bank of Australia Annual Report – 1990 Financial Statements Remuneration of Executives
Note 12 Remuneration of Executives
The number of executives whose remuneration received or receivable fell within the following bands was:
| Number | ||
|---|---|---|
| 1988/89 | 1989/90 | |
| $85,001–$95,000 | 8 | 10 |
| $95,001–$105,000 | 2 | 3 |
| $105,001–$115,000 | 2 | 4* |
| $115,001–$125,000 | 1* | 1* |
| $125,001–$135,000 | 2* | — |
| $135,001–$145,000 | — | 1* |
| $145,001–$155,000 | — | — |
| $155,001–$165,000 | 1 | — |
| $165,001–$175,000 | — | — |
| $175,001–$185,000 | 1* | — |
| $215,001–$225,000 | — | 2 |
| $485,001–$495,000 | — | 1* |
| *Includes accumulated entitlements paid to executives leaving the Bank's service. | ||
Total remuneration received or due and receivable by these executives was $2.822 million ($1.858 million in 1988/89). Payments to non-executive members of the Bank Board are made in terms of determinations by the Remuneration Tribunal.
B.W. Fraser
Chairman, Reserve Bank Board — 7 August 1990