The Today paper has a chart listing the amount that could be paid out to a political appointment holder under the current framework.
1. 12 mths basic salary
2. 1 mth NPAA
3. 1 mth Special Allowance
4. 2 mths Public Leadership Allowance
The above are fixed or guaranteed. Thus an appointee will get 16 mths of his basic salary. Below are the variables.
5. 0-1.5 mths Annual Variable Component
6. 0-14 mths Performance Bonus
7. 0-8 mths GDP Bonus
Put the two parts together and looking at the maximum it means that a political appointment holder could get a maximum of 16 mths + 23.5 mths in total annual salary, or 39.5 months.
It would be unlikely that many of them would be getting this full sum, but there should be a few of the super talented ones getting them, 39.5 mths or 3.29 times of annual salary. So if a minister is getting $2m, his annual income could be $6.58m. And if the PM is $3 his annual income could be $9.87m! This is theoretical of course.
Last year was a good year with GDP at a record high, like 15%. How to get such a phenomenal growth rate is short of miraculous indeed. It must be raining gold from heaven. Did any of the good performers get the max, or how many get near to the 39.5 mths, or 36 mths not to be too ambitious?