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Should bankers’ bonuses be capped at 100% of their pay?

Results from Liberals

Last answered 5 days ago

Bonus Cap Poll Results for Liberals

Yes

33 votes

55%

No

27 votes

45%

Distribution of answers submitted by Liberals.

4 Yes answers
2 No answers
0 overlapping answers

Data includes total votes submitted by visitors since Apr 2, 2015. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

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Data based on 30-day moving average to reduce daily variance from traffic sources. Totals may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

Learn more about Bonus Cap

In 2014, the EU passed legislation that capped bankers' bonuses at 100% of their pay or 200% with shareholder approval. There are currently no caps on banker's pay in Australia. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on bankers' pay will push up non-bonus pay and cause bank's costs to rise.  See recent bonus cap news

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