What is the Cost/Benefit of Politicians in Australia
In a time of cost cutting this analysis below raises the cost/benefit of paying for politicians in light of their expectations that the Australian people should bare the cuts imposed on them. I think there are some valid points raised and I particularly like the part that speaks of politicians exposed to the same laws. One in particular I am interested in is the bullying legislation. This of course should be amenable to all people in Australia. The idea of all for one and one for all comes to my mind.
This is clearly an academic that had some time to reflect. Interesting. He made himself visible, I really like that and it suggests he stands by his own calculations.
Change the Entitlements
Proposals to make politicians shoulder their share of the weight now that the Age of Entitlement is over:
Terminated politicians under 70 can go get a job or apply for Centrelink unemployment benefits like ordinary Australians.
Terminated politicians under 70 can negotiate with Centrelink like the rest of the Australian people.
i.e. Politicians either pay for private cover from their own funds or accept ordinary Medicare.
Politicians devised all these contracts to benefit themselves.
THIS IS HOW YOU FIX Parliament and help bring fairness back into this country!
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“PAY FREEZE, NOT FAIR. SOB, SOB”
Salaries of retired Prime Minister and Politicians
Source: Remuneration Tribunal.
So if I press all the right buttons, the TOTAL annual wages for the 150 seats in the Parliament are:
The TOTAL ANNUAL SALARIES (for 150 seats) = $41,694,311 – PER YEAR! And that’s just the Federal Politicians, no one else!
For the ‘lifetime’ payment example (below) I used the scenario that:
1. They are paid ‘lifetime’ salaries the same as their last working year and
2. After retiring, the ’average’ pollie’s life expectancy is an additional 20 years (which is not unreasonable).
It’s worth remembering that this is EXCLUDING all their other perks!
SO, for a 20 years ‘lifetime’ payment (excludingwages paid while a Parliamentaria n)
Prime Minister @ $507,338 = A$10,146,760
Deputy Prime Minister @ $400,016 = A$8,000,320
Treasurer @ $365,868 = A$7,317,360
Leader of the Opposition @ $360,990 = A$7,219,800
House of Reps Speaker @ $341,477 = A$6,829,540
Leader of the House @ $341,477 = A$6,829,540
Minister in Cabinet @ $336,599 = A$6,731,980
Parliamentary Secretary @ $243,912 = A$4,782,240
Other ministers** @ $307,329 = A$6,146,580 x 71 = A$436,407,180
Shadow ministers** @ $243,912 = A$4,878,240 x 71 = A$346,355,040
Conclusions:
TOTAL ‘life time’ (20 year) payments, (excludingwages paid while in parliament) = A$833,886,220 –OVER $833 MILLION
Julia Gillard, Kevin Rudd, John Howard, Paul Keating, Malcolm Fraser, Bob Hawke, et al, ad nauseum, are receiving $10 MILLION + EXTRA at taxpayer expense.
Should an elected PM serve 4 years and then decide to retire, each year (of the 4 years) will have cost taxpayers an EXTRA Two and a half million bucks a year!A$2,536,690 to be precise.
A 2 year retirement payment cut-off will SAVE our Oz bottom line A$792,201,909 ***NEARLY $800 MILLION.
There are 150 seats in House, minus the 8 above = 142 seats, divided equally for example = 71 each for both shadow and elected ministers.
This example excludes all wages paid while a parliamentarian AND all perks on top of that – travel, hotels, Secretarial staff, speech writers, restaurants, offices, chauffeured limos, security, etc. etc.
150 seats, 20-year payment of A$833,886,220 less annual salary x 2 years of A$83,388,622. [$41,694,311 x 2]
“Instead of giving a politician the keys to the city, it might be better to change the locks.”
Doug Larson (English middle-distance runner who won gold medals at the 1924 Olympic Games in Paris, 1902-1981)
YOU’RE RIGHT, YOU HAVE FOUND WHERE THE CUTS SHOULD BE MADE!
ACTION: Push for a MAX 2 year post retirement payment (give ‘em time to get a real job).
Spread it far and wide folks. People should know.
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email: d.kerwin@griffith.edu.au