Shareholders Raised their voice against New Executive Remuneration

Running Head: FINANCIAL REVIEW NEWSPAPER
FINANCIAL REVIEW NEWSPAPER
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2FINANCIAL REVIEW NEWSPAPER
Shareholders Raised their voice against New Executive Remuneration
It’s a bad time for the financial sector of Australia! The new remuneration structure
declared by the NAB report suggests that.
The report published during the annual general meeting of NAB gave the shareholders a
shock by declaring a 30% decline in the short term bonus, incentive payments, as well as other
financial services. Experts argue that this declaration is not accidental; it is just the reflection of
the revelation in the financial services as well as a decline in the share prices.
According to the financial advisors, this will bring an unprecedented hard time for the
financial sector of Australia, leading to a substantial decline in the investment. As argued by the
critics, the decline in investment will cast upon a negative impact on the productivity as well as
growth of the economy as a whole (ABC News, 2019).
Some experts are able to foresee the predicaments surrounding major banks in the
Australian economy. According to them, the lower is the investment; the lower will be the rate of
receiving loans from the banks. This will again, affect the circulation of money in the economy.
The Financial Planning Association of Australia argued that, the decrease in the
productivity accompanied by the lower arêtes of the circulation of money will lead to a stagnant
situation. This will again lead to a situation, where there will be an excess demand and
decreasing levels of supply in the economy. As the natural flow of this vicious circle, inflation
will grasp the economy.
Observing the upcoming financial revelation of this misconduct by the bank, experts are
saying that the financial sector of Australia is about to face the toughest time.