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Australia Post could potentially close up to 30 branches in metropolitan areas around the country as more customers shift from in-store to online.
A proposed increase by Australia Post in the price of its basic postage rate is being scrutinised by the competition watchdog, the ACCC. The Australia...
Australia Post today announced full year Group revenue of $8.97 billion, up 8.5 per cent from FY21, which was driven by strong first-half parcels revenue, while in the second half eCommerce returned to normal growth rates and the underlying decline in letters volume continued.
A proposed increase by Australia Post in the price of its basic postage rate is being scrutinised by the competition watchdog, the ACCC. The Australia...
Performance for the six months to 31 December 2020: Group revenue at $4.3 billion, up 15.5 per cent on last year Parcels and Services revenue: $3.4 billion, up 25.9 per cent Letters: $0.9 billion revenue, volumes down 13.6 per cent Australia Post today 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. Capital investment during the period increased to $189.4 million, up $40.3 million on last year, with continued investment to improve the business and increase the ca...