By political reporter Henry Belot.
The multi-million dollar salaries of senior executives at Australia Post have been revealed by a Senate committee, with the committee dismissing claims the move would result in “unwarranted media attention” and “brand damage”.
Committee chairman Senator James Paterson said documents published on Tuesday showed managing director Ahmed Fahour received a $4.4 million salary and a $1.2 million bonus last financial year, taking his total package to $5.6 million.
That salary is more than 10 times more than the $507,338 Prime Minister Malcolm Turnbull is paid.
The documents — which do not name Australia Post staff — reveal another five executives received between $1.3 million and $1.8 million a year and one claimed a $380,000 retirement benefit.
The committee asked Australia Post to detail the salaries last year but the government-owned business agreed to do so in private only.
Australia Post wrote to Mr Paterson in January to claim there was no public interest justification for disclosing the salaries.
"Australia Post and/or those individuals may become targets for unwarranted media attention," a spokesman said.
"This may lead to brand damage for Australia Post which when operating in a competitive market, may be significantly detrimental to our business and future profitability."