by In the 2021-22 financial year, Australia Post made a slim profit of $55 million on revenues of $8.97 billion. That’s a 0.6% profit margin, far below the 8.5% average within the transport.. Australia Post has revealed the grim future ahead for the organisation unless serious intervention is made to help it become profitable.
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Australia Post experienced a $189.7 million loss in its letter business in the first half of the financial year, which heavily impeded on profits. The loss was up by 171.5 per cent from the.. to these changes, Australia Post has implemented a restructured business model. 5.2 However, it was argued that such business changes alone will not be sufficient to ensure the long-term sustainability of Australia Post, and the postal network, in face of declining letter volumes. Australia Post commented that are further measures
