Original article by Joanna Heath
The Australian Financial Review – Page: 7 : 5-Sep-14
Australia Post has reported a 2013-14 profit of $A116.2m, including a profit of $A337.5m for its parcels business. However, its letters business posted a loss of $A328.4m, which is 15 per cent higher than previously. CEO Ahmed Fahour is seeking Federal Government approval to offer a two-tiered mail delivery service, with customers paying more for deliveries every weekday
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AUSTRALIA POST, AUSTRALIA. DEPT OF COMMUNICATIONS