CSL and Optus pay millions to executives despite paying no company tax in Australia

CSL and Optus have come under fire for paying millions in executive salaries while contributing nothing in company taxes in Australia. This raises significant concerns about corporate responsibility and the ethics of compensating top executives at the expense of public finances. The biotech company defends its high pay as necessary to attract and retain world-class talent, but critics argue that such practices undermine the social contract and highlight the growing disparity between corporate profits and tax contributions. This situation is particularly relevant as it sparks a broader debate about tax fairness and corporate accountability in Australia.