Australia Post has warned it expects to remain a loss making business unless it can secure necessary support required to modernise its operations. SBS Finance Editor Ricardo Gonçalves speaks with CEO Paul Graham to find out more, plus the day on the markets with Ben Clark from TMS Capital,…
Australia Post has warned it expects to remain a loss making business unless it can secure necessary support required to modernise its operations.
SBS Finance Editor Ricardo Gonçalves speaks with CEO Paul Graham to find out more, plus the day on the markets with Ben Clark from TMS Capital, including the market reaction to the ACCC's court action against Qantas.
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Australia Post swings to $200 million loss as snail mail declinesIt is just the second loss Australia Post has recorded since becoming a government business enterprise in 1989 and sets the scene for an overhaul of the group’s operations, particularly on letter delivery.
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