
On-time mail seals bonus
AUSTRALIA Post’s 32,700 employees will be paid a $300 bonus each for a combined total of almost $10 million.
Read MoreAUSTRALIA Post’s 32,700 employees will be paid a $300 bonus each for a combined total of almost $10 million.
Read MoreDEUTSCHE Post chairman Klaus Knappik says he believes Australia offers the best growth potential in Asia Pacific.
Deutsche Post has transformed from a mail-delivery service to a business consultancy providing market intelligence, databases of potential customers and production of marketing brochures.
Although the market is relatively small, Mr Knappik, who visited Sydney last week, said the world’s second-largest mail operator offered Australian customers value-added services, such as direct marketing overseas.
“The world market place is getting bigger, and companies in Australia which never thought they would ever enter foreign markets may have the opportunity to do so now,” he said.
In the past, they would probably need an office overseas, he said. But nowadays operators like Deutsche Post could organise mail shots in countries far away.
German-based international mail distributor Deutsche Post Global Mail GmbH plans to extend its operations in Australia and other countries in the region.
Deutsche Post chairman Klaus Knappik, who was in Sydney to attend a board meeting of its Australian operations today, said the company planned to compete directly with Australia Post for its share of international mail distribution.
Mr Knappik said the board was very much focused on expanding Australian operations.
“The Australian market is probably right now the most important one for us because it is the most developed in the region and in most other Asian countries we are not really that well represented yet,” Mr Knappik told AAP.
The Australian Competition and Consumer Commission will hold a series of public forums across Australia this month to discuss a proposal by Australia Post to increase the cost of various postal services, including the price of the basic postage stamp. Australia Post informed the ACCC in April of its intention to increase the price of the basic postage stamp from 45 cents to 50c from January 2003.
Read MoreFirst Data Corp. (NYSE: FDC), a global leader in electronic commerce and payment services, today announced that its Western Union Financial Services subsidiary has signed a multi-year contract with Australia’s national postal service. Australia Post, which currently issues Western Union International Money Orders(R), will begin offering Western Union Money Transfer(R) services in each of its approximately 3000 on-line locations by the end of 2002.
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