Why it pays to be political Down Under
If Tony Abbott wins the forthcoming election in Australia, his salary will rise from A$360,990 to over A$500,000. Prime Minister Keven Rudd earns more than President Obama and more than double David Cameron's salary. Federal backbenchers in Australia take home $195,130, almost double the income of British MPs and nearly three times the national average wage in Australia. Australian parliamentarians' salaries are beaten by only one country: Italy!