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Business wants pay rises for Australia’s lowest paid workers limited to 2% – but what about executives?

Average pay of top bosses has increased from 17 times average earnings in early 90s to about 55 times now

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As business groups increase calls for wage restraint for Australia’s lowest paid workers, their voices turn largely silent when asked about their own executive pay plans.

Guardian Australia asked the Australian Chamber of Commerce and Industry, which has told the Fair Work Commission to limit any minimum pay increase to 2%, if it would adhere to the same wage restraint for its own chief executive.

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