Big salary hikes at under-performing Dunedin council-owned company
Aurora Energy's annual report – released last week by Dunedin City Holdings Ltd, an investment company owned by the council – revealed 48 employees were paid more than $100,000 a year, including six paid more than $200,000. Chief executive Richard Fletcher received between $510,000 and $520,000.
Fletcher says the company had to increase wages to "employ and retain highly skilled and qualified specialists", but Aurora whistle blower Richard Healey says households will be picking up the tab when they are slapped with "huge" price rises next year, expected to be about $500 or possibly more.
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