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.
67% Yes |
33% No |
54% Yes |
24% No |
6% Yes, and lower the cap to 20% |
9% No, any worker should be rewarded based on their success |
4% Yes, and lower the cap to 50% |
|
4% Yes, and nationalise the banks |
See how support for each position on “Bonus Cap” has changed over time for 12.1k Australia voters.
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See how importance of “Bonus Cap” has changed over time for 12.1k Australia voters.
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Unique answers from Australia users whose views extended beyond the provided choices.
@9DNJPSJ8mos8MO
Banks are private business`s and so we shouldn`t regulate how they pay people - we should however look at how they operate and make them far more accountable for the misery they inflict on people in the name of profits
@98YDX2R1yr1Y
Every banker should earn a bonus 10%, consistently.
@97YSHRY1yr1Y
No, it should be determined by the shareholders of the company
@934XMXD2yrs2Y
no, everyone has a choice of who they bank with.
@933N47S2yrs2Y
There should not be any bonuses, they are paid to do their job and that should be it!
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