the end of daily letter deliveries is in sight
- Written by Paul Alexander, Adjunct Associate Professor of Supply Chain Management, Curtin University
Australia Post is seeing red. A lot of it.
After posting a razor-thin profit of $23.6 million in the last six months of 2022, it anticipates a loss for the full 2022-23 financial year – only the second time since being corporatised in 1989.
The last loss was in 2014-15, following a $190 million investment in...