Chief executive officer pay, incentives, talent and risk-taking: Excessive pay, regulation and the global financial crisis

首相要求监管机构APRA和财政部制定规则，防止再次向面临倒闭风险的金融部门和银行提供数万亿美元的救助和担保。银行高管的过高薪酬和冒险行为，是造成这场全球危机的罪魁祸首。这场危机已经让澳大利亚投资者和纳税人损失了该国相当大一部分财富。该项目将极大地协助监管机构完成这项任务。它还将确定奖励长期良好表现而不支付过高薪酬的薪酬做法。这将极大地提高澳大利亚公司的业绩，并改善投资者和纳税人的不满。

The Prime Minister has requested the regulators, APRA and Treasury, to come up with rules that would prevent a repeat of the trillion dollar bailouts and guarantees to the financial sector and banks at risk of failure. Excessive pay and risk-taking by bank executives shoulder made the blame for the global crisis that has already cost Australian investors and taxpayers a sizeable portion of the nation's wealth. The project will greatly assist the regulators in this task. It will also identify compensation practices that reward good long-term performance without excessive pay. This could dramatically raise the performance of Australian companies and ameliorate the problem of dissatisfied investors and taxpayers.