Snowy Hydro 2.0 executives awarded bonuses totalling $751,925 despite cost blowout

Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000 Get our breaking news email , free app or daily news podcast Executives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 in the last financial year, despite its renewable energy project blowing out to 12 times its original cost. But Guardian Australia can reveal chief executive, Dennis Barnes, who has a base salary of $1,845,126, opted not to accept the extra cash. Continue reading...

Snowy Hydro的Snowy 2.0項目成本從20億澳元膨脹至最高250億澳元，但公司高管上一財年仍合計獲得751,925澳元獎金，首席執行官Barnes主動放棄。同一年，CSIRO在裁員逾千人、支付超2700萬澳元遣散費的同時，其首席執行官獲得近20萬澳元風險獎金。