The Australian CEO earning 430 times the average wage

Australia's highest-paid CEOs, a major Flybuys rewards change, and new ways to earn Qantas points while investing. Here are five important money stories you may have missed.

Australia's highest-paid CEOs revealed

The top-paid ASX 200 chief executive earned almost $48 million last year.

The Australian Council of Superannuation Investors (ACSI) has revealed Australia's highest-paid chief executive officers of ASX200 companies.

Chris Hulls, CEO of Life360, which runs a family tracking app, topped the leaderboard for the 2025 financial year with annual pay of $47.7 million.

That's about 430 times the average annual pay of $110,790 for a full-time worker.

The crazy thing is, Hulls doesn't even live in Australia. Along with four other top 10-earning CEOs, he's based in the US.

The highest-paid Australian-based CEO, Vikesh Ramsunder, CEO of Sigma Healthcare, earned $42.6 million.

Not all CEOs are on multi-million-dollar pay packets. The median pay is a more modest $1.83 million.

Are they worth the money?

"Where CEOs appear in the highest-paid list, their companies will generally have delivered strong performance over the long term," says Ed John, executive manager of stewardship at ACSI.

Flybuys members can now redeem up to $100 at Coles

Customers can use reward points to save more on their grocery shop.

Pay with points launched at Coles this week, letting shoppers tap into instant rewards at the checkout.

Flybuys members can use reward points to save up to $100 on purchases.

You'll need at least 2000 Flybuys points to redeem $10 at the checkout, rising to 20,000 points to claim a $100 saving.

Previously, Flybuys members were limited to a $10 saving.

Coles chief customer experience officer Michael Courtney says the expansion of Pay with Points will give customers more choice and value when they shop in-store.

It's a move that replicates Woolworths Everyday Rewardshttps://www.moneymag.com.au/woolworths-slashes-everyday-extra-perks, which lets members claim at least $10 off a future shop or convert to 1000 Qantas Points every time they reach 2000 points.

Flybuys has more than nine million members, and according to Anna Lee, Flybuys chief executive officer, "Millions of members who shop in store at Coles already have enough points to redeem."

How investors can earn Qantas points through share trading

Webull Australia's new partnership rewards investors with Frequent Flyer points.

Webull Australia has joined with Qantas Frequent Flyer, allowing investors to earn Qantas points through account funding and trading activity.

Webull investors can earn:

• 1000 bonus Qantas points by opening a new account with at least $500
• Up to 2000 Qantas points per month by trading international equities
• Up to 100,000 bonus Qantas points if you have an eligible balance of $2000, earning 1 Qantas point for every $1 held, up to a maximum of 100,000 points. Offer ends September 30, 2026.

Rob Talevski, CEO of Webull Australia, says the partnership with Qantas Frequent Flyer "gives clients a new and compelling way to keep earning Qantas Points through an activity they're already doing".

Webull charges brokerage of $1 per trade for ASX-listed shares or 0.03% of trade value, whichever is greater.

Webull's offer replaces the partnership between Superhero and Qantas Frequent Flyer, which ended on June 30, 2026.

Are Australians paying too much for pet insurance?

New provider says many pet owners could save thousands over a pet's lifetime.

One in seven Australian pet owners spend more than $1000 a year at the vet, prompting newly launched CoverMy Pet to offer more affordable pet insurance.

CoverMy Pet says many pet owners are paying high premiums for cover they'll never use.

As a guide, just 1.49% of owners claimed more than $8000 in the past 12 months.

Grant Pugh, general manager of CoverMy Pet, says, "What we see across the industry is that pet owners start to cancel their policies after three or four years because the premiums have increased dramatically since they signed up.

"Unfortunately, shortly after they make this decision their pet is injured or becomes ill and they find themselves grossly out of pocket."

CoverMy Pet offers cover from $22 a month, covering 85% of usual vet bills for the lifetime of a pet. The average cost of pet insurance in Australia is $134 a month.

Pugh says shopping around for cover can mean saving upwards of $30,000 over the life of a pet.

Working from home could be affecting your health

Research suggests remote work may contribute to weight gain over time.

Close to one in two (46%) Australians work from home at least part of the time.

Along with flexibility, it can offer valuable savings.

The Committee for Economic Development of Australia (CEDA) estimates working from home cuts an average of three hours off weekly commute times, a saving worth around $5308 annually.

Add in the option of a 70-cent tax deduction for each hour worked from home, and it's easy to see why returning to the office full-time can hold limited appeal.

But there can be a downside.

A study by RMIT found working from home increases the likelihood of obesity over time.

That's because we no longer race to catch the bus, and without strict lunch breaks, we tend to snack more at home.

On the plus side, the research notes working from home doesn't always lead to weight gain, and it comes with the upside of greater flexibility around when we choose to exercise.

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