Australia Post today reported an interim profit of $249.1 million, an increase of $215.5 million on 1H24. This result has been driven by a record Peak period.
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New research from Australia Post has revealed that a staggering 72% of Australians took advantage of Black Friday and Cyber Monday sales in 2024 to secure Christmas bargains, fuelling a record-breaking surge in online shopping and parcel deliveries.
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Customers at Australia’s largest banks will be able to undertake essential banking transactions via Bank@Post.
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Australia Post has set a new record for its busiest peak period, with almost 103 million parcels delivered in the 1 November to 31 December 2024 timeframe (up 3.1% from last year), according to its latest quarterly Inside Australian Online Shopping Report.
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The ability for a single carrier to wreak havoc on people’s livelihoods, businesses and communities serves as a cautionary tale for Australia says Laura Hill, the Managing Director Australia at Sendle.
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