Snowy Hydro 2.0 executives awarded bonuses totalling $751,925 despite cost blowout
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Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000Get our breaking news email, free app or daily news podcastExecutives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 i...
Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000
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Executives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 in the last financial year, despite its renewable energy project blowing out to 12 times its original cost.
But Guardian Australia can reveal chief executive, Dennis Barnes, who has a base salary of $1,845,126, opted not to accept the extra cash.
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https://www.theguardian.com/australia-news/2026/nov/04/snowy-hydro-20-executives-awarded-bonuses-totalling-751925-despite-cost-blowout
