A push by the Greens to cap the salaries of the nation’s executives is threatening to derail the Federal Government’s ‘two-strike’ test pay package reform.

The reform, which recently passed the Federal lower house, will need support from either the Coalition or the Greens, which is increasingly unlikely after Bob Brown announced his parties proposed $1.8 million executive pay cap.

The reform was one of the key recommendations of the Productivity Commission following its review of the corporate remuneration system.

Professor Peter Shergold AC, has been appointed incoming Chairman of the Board of the NSW Public Service Commission.

Skills shortages are continuing to have a significant impact on business performance in New South Wales, according to the recently released NSW Business Chamber - Commonwealth Bank Business Conditions Survey for the March 2011 quarter.

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