Australia Post is considering changes to the way it operates,including no longer delivering letters five days a week after it revealed a $200 million pre-tax loss for 2023.
The Australian sharemarket climbed on the back of healthcare companies after a set of strong results from some of its biggest players and softer wage data.
A next-day delivery service from the national postal carrier will allow retailers to deliver to metro areas faster.
Residents in Glenroy rallied to protest against plans to shut down their post office,the latest in a string of closures by Australia Post.
An increasing number of households are shopping online,but people are spending less.
A bipartisan side continued Australian dominance over the Poms,despite a few sledges,in London on Wednesday.
The national postal service says price hikes are necessary,as its loss-making business tackles rising labour,energy,and fuel costs.
In 1958,a senior Australian public servant made some surprisingly accurate (and not so accurate) predictions into the future of telecommunications in Australia.
With a government review under way,private parcel delivery operators want to use Australia Post’s infrastructure network to get parcels to consumers faster.
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.