Executive Remuneration

The ALC a Corporate Commonwealth Entity, has been requested to publish relevant information relating to executive remuneration on its website.

Directors are considered part time public office holders and are remunerated in accordance with determinations as and when made by the Remuneration Tribunal for part time public office holders.

ALC’s Chief Executive Officer is engaged on a term based employment contract which details the terms and conditions of employment including remuneration. The ALC Board sought external advices as to the benchmarking of the CEO remuneration prior to finalization of the employment contract. Under the Privacy Act 1988, an individual’s remuneration information is considered personal information. Given the small staff structure in the ALC any further disclosure of information regarding specific elements of remuneration may cause an individual or individuals to be identified.