Australia Post has announced group revenue for the first half of $4.3 billion, up 15.5 per cent year-on-year and Group profit before tax at $166.6 million, including letter losses of $74.2 million.
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Australia Post has recorded its biggest month in its 211 year history, with more than 52 million parcels delivered during December, an almost 20 % increase on the previous year.
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In the midst of the Black Friday and Cyber Monday sales, Australia Post expects today to be its biggest parcel delivery day ever, with more than three million parcels set to be delivered.
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Australia Post has announced that Group Chief Executive Officer and Managing Director, Christine Holgate resigned today. Her resignation is effective immediately.
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The Australia Post Chief, Christine Holgate, has been suspended and the board put on notice pending an investigation into how the organisation spent approximately $19,950 on Cartier watches as a reward for four senior managers.
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