Australia Post boss Paul Graham has warned the boom in e-commerce and parcels is not enough to save the ailing business.
A number of head office roles at Australia Post will be cut by the end of the financial year as the postal carrier looks to streamline operations in the face of rising financial pressures.
Australians spent $63.8 billion online in 2022,and Australia Post predicts one in three dollars will be spent online in a decade.
As the nation’s postal service faces the prospect of a full-year loss,boss Paul Graham envisages its physical presence expanding – though maybe not as you would imagine.
Opposition Leader Peter Dutton would do well to realise that sitting on the fence only gets you splinters.
The federal government is weighing up increasing postage stamp costs and slashing delivery frequencies to make the company more sustainable.
It is an immoral and abhorrent value system that dismisses the pain of some through interest rate rises as “unfortunate but necessary”,while others feel nothing.
The national postal service is heading for a loss this year as it’s faces serious headwinds now that the pandemic online-shopping surge is waning.
When even the mail gets lost in translation.
Melbourne councils are chopping down trees and removing vegetation from footpaths to make way for Australia Post’s new environmentally friendly fleet of electric delivery trikes.
The appointment of Siobhan McKenna,who currently heads News Corp’s broadcasting division,follows a tumultuous period for the postal service.