Murdoch tops executive salaries survey

SYDNEY – Media mogul Rupert Murdoch led a survey of salaries among Australia’s top business executives published yesterday, with total annual remuneration of more than US$20,6 million (N$128 million).

The chairman and chief executive of media giant News Corp. led the list published by The Australian Financial Review, with a 2004 pay package which included a base salary of more than US$4,5 million and a US$12,5 million bonus.Murdoch’s remuneration was up 46,5 per cent on the previous year, the newspaper said.He was followed by Westfield Holdings boss Frank Lowy, who made 14,6 million Australian dollars up 9,7 per cent.-Nampa-AFPled the list published by The Australian Financial Review, with a 2004 pay package which included a base salary of more than US$4,5 million and a US$12,5 million bonus.Murdoch’s remuneration was up 46,5 per cent on the previous year, the newspaper said.He was followed by Westfield Holdings boss Frank Lowy, who made 14,6 million Australian dollars up 9,7 per cent.-Nampa-AFP