Bill Shorten would be happy with a $500,000 pay packet if he wins the keys to The Lodge on July 2.
Doing the rounds of Sydney's commercial radio stations on Wednesday, the Labor leader was asked whether he thought the prime minister gets paid enough.
He was quick to point out the salary is set by the independent remuneration tribunal, but told KIIS' Kyle and Jackie O: "I think it seems a pretty good wage actually".
Mr Shorten switched the talk to the high pay of some bank executives.
"They get a golden sign-on bonus, then they get a golden handcuff to stay there, then they get a golden parachute to go," he said.
Mr Shorten questioned the argument that says large corporate salaries are needed to attract the best in the world, while when it comes to penalty rates, Australia needs to compete with the rest of the world.