Post offices at risk of closure due to government indecision over Australia Post corporate plan

There are fears the Federal Government’s indecision could lead to the closure of more than half of the nation’s licensed post offices. Australia Post urged the Government last week to immediately approve its corporate plan, which includes the politically sensitive suggestion of raising the price of standard stamps.

However said decision will not be made before Christmas.

Angela Cramp from the Licensed Post Offices Group said she received the news with “utter disbelief and horror”.

Ms Cramp said there were 2,900 licensed post offices in Australia and that many of them were in financial strife because they were unable to cover costs.

She said they were hoping for the corporate plan to be approved so they could charge more for stamps and other services.

To read the complete article click here.