Posts Tagged ‘Paul Reynolds’

Lies, Boards, and Aucklandports (#Toru)

12 March 2012 5 comments


"Collective contract? You'll take what you're given, sonny-jim, or I'll plug ya full'o'neoliberal lead!"


With the recent propagandising undertaken by Ports of Auckland Ltd (POAL) , using ratepayer’s money, I thought it might be timely to actually put some earnings into perspective.

The following figures are all taken  from various sources, and collated for your perusal and consideration.


Incomes for Various

(All figures gross)




Graeme Hart, NZ’s richest man



Current worth: NZ$7 billion
Paul Reynolds, Telecom CEO



* To year ending June 2009* Not including $5,303,000 in bonuses, allowances, & perks
Prime Minister John Key



Not including perks & allowances
Cabinet Ministers



Not including perks & allowances
Members of Parliament



Not including perks & allowances
POAL CEO Tony Gibson



Not including perks & allowances
POAL Board Directors

$70,833 (ea.)


Total fees; $425,000 p.a. divided by 6 Directors. (Part time positions)
POAL Stevedores



* Not including allowances
Australian Stevedores

Grade1: NZ$40,414 (A$31,429)

Grade6: NZ$60,528 (A$47,070)

Grade1: NZ$19.43 (A$15.11)

Grade6: NZ$29.10 (A$22.63)

* Figures in NZ dollars (Australian dollars) Oanda Currency Converter Rate A1:NZ1.286


All figures based on sources below.



NZ Herald:  NZ’s richest man rises up Forbes Rich List

NBR:  How Paul Reynolds’ pay stacks up against the competition

NZ Herald:  Two men and a port in a storm

Members of Parliament Salaries payable under section 16 of Civil List Act 1979

Ports of Auckland Ltd (POAL) 2010-2011 Financial Report (p18)

Ports of Auckland Ltd (POAL) The Facts

Australian Stevedoring Industry Award 2010


Previous Blogposts

Workers lose their jobs – Day of Shame!

A media release I would love to see from Len Brown

Lies, Boards, and Aucklandports

Lies, Boards, and Aucklandports (#Rua)

10 March – Today was a True Labour Day!

Ratbags, Rightwingers, and other assorted Rogues!



= fs =