Australia Post restructure driven by gig-economy overhaul of logistics and delivery Late last month, Australia Post, the state-owned postal service, announced a 15.5 percent year on year jump in revenue to $4.3 billion for the first half of the 2020-21 financial year. This was mostly on the back of a 25.9 percent increase in parcel revenue to $3.4 billion. While takings from letter mail again declined, from $1.1 billion to $900 million, cost-cutting under the Alternative Delivery Model (ADM) meant losses in that section fell from $87 million to $74.2 million. Parcel delivery produced a $240.8...