Commonwealth Bank of Australia's extended internet banking outage earlier this year affected the remuneration of its top technology tsars, including chief information officer Michael Harte, the executive revealed today.
update: The Commonwealth Bank of Australia today confirmed it had evaluated Google's hosted office productivity suite and found it wanting.
Despite reports indicating today that Commander is up for sale, the telco was quick to dismiss the possibility of going on the market anytime soon.
Commonwealth Bank of Australia chief information officer Michael Harte received an increase just shy of $1 million to his total remuneration package in the 2008 financial year, according to the bank's annual report released today.
The nation's largest telco Telstra this week revealed it intended to upgrade its tens of thousands of desktop computers to Windows 7 and would start testing Microsoft's operating system when it was released.
How on earth can organisations justify paying their IT executives millions of dollars in bonuses, or in the case of the public sector, handing out salaries of half a million dollars?
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