Australia Post says five-day-a-week letter delivery should be reconsidered after $200m loss
1 year, 10 months ago

Australia Post says five-day-a-week letter delivery should be reconsidered after $200m loss

ABC  

Australia Post's chief executive has told federal parliament changes need to be made to the corporation's business model, as losses from its letter-delivery service continue to mount. Key points: Australia Post is required to deliver letters to every Australian household five days a week The average household receives just over one letter a week Australia Post wants to invest in and focus on its parcel business The letters arm of its business lost nearly $200 million in six months, according to half-yearly results released last week. Australia Post is required under legislation to deliver letters to every Australian household five days a week, however those rules were suspended in some areas during the pandemic. "The Albanese government is committed to working with Australia Post to enable it to continue to provide the postal services that the Australian community needs both now and into the future," she said.

History of this topic

Federal government launches sweeping review of Australia Post, with focus on letter deliveries
1 year, 9 months ago
Australia Post, with 500 staff in COVID isolation, will pause parcel pick-up from e-commerce retailers in locked down states for three days
3 years, 3 months ago
Australia Post apologises for stress, uncertainty caused by fleeting plan for mail ban of perishable food
3 years, 3 months ago
Producers 'devastated' as Australia Post decides to stop delivering perishable food
3 years, 8 months ago
Australia Post CEO stands aside as company faces investigation after executives given $3k Cartier watches for securing deal with banks
4 years, 2 months ago
Australia Post records one of its busiest delivery days, but service struggles with coronavirus demand and delays
4 years, 3 months ago

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