The 'golden' joyride comes to a halt

By Bizclik Editor

It’s the end of a ‘golden’ era for Members of Parliament accustomed to complimentary holidays.

The Gold Pass, a retirement perk currently used by up to 300 former politicians and their families to take a maximum of 25 return trips each year, has funded more than 25,000 flights – and they have you, dear taxpayer, to thank for it.

Taxpayers have been footing the bill for more than $10 million worth of holiday travelling, including the $116,662 invoice for one-term Labor senator Ruth Webber’s staggering 147 flights.

Even Gary Gray, the Special Minister of State, calls the Pass “an unjustifiable perk.”


Read the latest issue of Business Review Australia

"I think there is a reasonable argument that it should be scrapped entirely; however, there's also a case to phase it out because MPs have served in Parliament for many years and expect this as an entitlement,” Gray told the Herald Sun.

Under Ms Gillard’s new rules, lifetime members of the Gold Pass club and current MPs will be allowed 10 government-funded flights per year. MPs who do not qualify for the Gold Pass will be allowed five return trips to Canberra within six months of exiting politics.

In order to qualify for the pass, an MP must serve 20 years in Parliament, six years as a minister or one year as Prime Minister.

While this is an admirable abolition by Ms Gillard, it must be noted that the Prime Minister’s salary is about to swell to $470,000 once her $90,000 pay raise takes effect – just in time for Christmas, as reported by the Daily Telegraph. In retrospect, US President Obama’s compensation is reported to be $400,000.

New Speaker Peter Slipper will also see a $70,000 pay raise within his first month in office, bringing his salary up to at least $315,000. The base salary for MPs, currently set at $140,910, is expected to increase to at least $180,000.


Gold Pass perks, illustrated:

Gold Pass MPs

Image courtesy of


Featured Articles

Nirvik Singh, COO Grey Group on adding colour to campaigns

Nirvik Singh, Global COO and President International of Grey Group, cultivating culture and utilising AI to enhance rather than replace human creativity

How Longi became the world’s leading solar tech manufacturer

On a mission to accelerate the adoption of sustainable energy solutions, US$30 billion Chinese tech firm Longi is not just selling solar – but using it

How Samsung’s US$5billion sustainability plan is working out

Armed with an ambitious billion-dollar strategy, Samsung is on track to achieve net zero carbon emissions company-wide by 2050 – but challenges persist

UOB: making strides in sustainability across Southeast Asia


Huawei smartwatch goes for gold with Ultimate Edition


How IKEA India plans to double business, triple headcount

Corporate Finance