Snowy Hydro 2.0 executives awarded bonuses totalling $751,925 despite cost blowout
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Australia news category. Published on November 3, 2026 • Originally reported by Tess Ikonomou. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Australia news category. Published on November 3, 2026 • Originally reported by Tess Ikonomou. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000
Get our breaking news email, free app or daily news podcast
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.
Continue reading...OMEGAZEPRIME News — For more stories and analysis, visit omegazeprime.com