Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 25-Jun-14
Australia Post has terminated 900 administrative and management roles and adopted a user-pays system for business mail. Communications Minister Malcolm Turnbull says the postal group faces financial collapse in the absence of widespread reforms. Turnbull launched a report by Boston Consulting Group, in which losses of $A6 billion over the coming 10 years are forecast for Australia Post. The report states that the surge in parcel delivery can no longer compensate for the downturn in letters
CORPORATES
AUSTRALIA POST, AUSTRALIA. DEPT OF HUMAN SERVICES. CENTRELINK, AUSTRALIA. DEPT OF HUMAN SERVICES. MEDICARE AUSTRALIA, AUSTRALIA. DEPT OF COMMUNICATIONS, THE BOSTON CONSULTING GROUP PTY LTD, COMMITTEE FOR ECONOMIC DEVELOPMENT OF AUSTRALIA