A Senate inquiry in Australia has called on Australia Post to renegotiate its contract with almost 3,000 licensed post offices and ensure margins for operators are in line with commercial practice.
Read MoreProfits at Australia Post slumped over the past 12 months, as the company’s letters business lost a record $328.4m.
Read MoreAustralian logistics and transport giant Toll Group admitted yesterday that it wanted its new e-commerce service to progress more quickly — but said for now its focus is on getting the operations and technical side right.
Read MoreJust days after Australia Post warned its letter volumes were about to “fall off a cliff”, it has sealed a deal to help the government communicate with its citizens digitally.
Read MoreAustralia Post chief executive Ahmed Fahour has revealed that his company’s letters business has significantly surpassed last year’s $218m loss — and the situation is only going to get worse.
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