Top Bupa staff awarded $14m in bonuses despite insurer admitting to misleading thousands of Australians

Exclusive: Mandatory company disclosures show one bonus amounted to $2.5m, more than double their annual salary

More than $14m in bonuses was awarded to senior Australian health insurance staff at Bupa little more than a year before the company admitted to unconscionably causing customers to cancel or delay medical procedures.

The bonuses, for more than 20 staff in 2023-24, came after the insurer had engaged in “misleading and deceptive conduct” between May 2018 and August 2023. This affected more than 7,500 customers, leaving many out of pocket for procedures they were entitled to claim.

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News Corp boss earns $42m as highest-paid CEO of Australian-listed company

Analysis shows local chiefs earning 55 times more than average workers in Australia amid call to keep watch for ‘egregious’ bonuses

News Corp’s chief executive has become the highest-paid CEO of an Australian-listed company, a new analysis of CEO pay has found.

CEOs of ASX-listed companies are still being paid 55 times more than average workers in Australia but the gap is yet to widen to extremes seen overseas, according to the annual analysis from the Australian Council of Superannuation Investors (ACSI).

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