A dozen public servants in one agency raking in more than $1 million each

Key points

• Twelve executives at the Future Fund Management Agency earn more than $1 million annually, with one receiving over $1.5 million. The Greens have criticised the high salaries, while the government defends them as necessary to attract skilled investment professionals.
• The Future Fund reported a 14.8 per cent return in the 12 months to June 2026, adding $37.4 billion to its portfolio.
• The government is also facing scrutiny for spending $860 million on external consultants, including $59 million to KPMG.