Page 1243 - Week 04 - Thursday, 21 March 2013

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MR BARR: Firstly, it has not been established that it is outside of current benchmarks. Secondly, it is not within my power to undertake such a freeze. It is a matter for the ACTEW board.

ACTEW Corporation Ltd—managing director

MR SESELJA: My question is to the Treasurer. In 2005 it was revealed that the managing director of ACTEW received a salary of $450,000. In 2010-11 the salary package for the managing director was $855,588. Why has the salary package for the managing director increased by over $400,000 between 2005 and 2010-11?

MR BARR: I am not in a position to answer that question. I am not responsible for the managing director’s salary. That determination is made by the board.

MADAM ACTING SPEAKER: Supplementary, Mr Seselja.

MR SESELJA: Why have the shareholders of ACTEW failed to ensure that they were kept advised of increases in executive remuneration between 2005 and now?

MR BARR: We have not.

MADAM ACTING SPEAKER: A supplementary question, Mrs Jones.

MRS JONES: Minister, does the managing director receive a performance bonus for increasing the dividend to government?

MR BARR: The managing director receives performance bonuses against criteria set by the board. The overall performance of the corporation would be one of those factors, I imagine.

MADAM ACTING SPEAKER: A supplementary, Mrs Jones.

MRS JONES: Minister, what are the key performance indicators used to set the salary? Does it include how much money is raised from billing Canberra families?

MR BARR: No, it does not.

Aged persons—recognition

DR BOURKE: My question is to the Minister for Ageing. What is the government doing to recognise both the contribution and the needs of older people in the ACT?

MR RATTENBURY: This is a very timely question in the middle of Seniors Week. I thank Dr Bourke for raising the issue. It is an opportunity to reflect on the very positive aspects of Seniors Week and the important role that the government sees for older people in our ACT community. All ACT governments have worked towards this recognition of older people, and I certainly feel very privileged to have the role of Minister for Ageing.

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