Gillard to get more salary than Obama, Cameron

Gillard will earn more than the US President, who is paid about USD 400,000, and Cameron, whose salary is about USD 221,000.

Melbourne: Australian Prime Minister Julia Gillard will get more salary than US President Barack Obama
and the UK Prime Minister David Cameron, as the country`s
Remuneration Tribunal has decided in favour of increasing the
wage of the MPs.

The salary of Gillard is set to overshoot by USD 90,000
making her total wages exceed even US president Barack Obama
and British Prime Minister David Cameron salaries, a media
report said.

After a review, the independent Remuneration Tribunal has
decided for increasing federal MPs` salaries in decades. The
base salary for the politicians is likely to jump steeply and
even the most junior parliamentarian will jump from USD
140,000 to at least USD 180,000, `The Courier Mail` reported.

Sources said the tribunal`s decision would increase the
current base salary for MPs of USD 140,910 to at least USD
180,000 and possibly more.

Meanwhile, the Government could face a public backlash to
the pay deal particularly after announcing a series of budget
cuts, including reducing the baby bonus and plans to slash
public service spending.

The boost in pay will mean the Prime Minister, who is
paid a loading of 160 per cent, will get at least USD 470,000.

Gillard will earn more than the US President, who is paid
about USD 400,000, and Cameron, whose salary is about USD
221,000.

PTI

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