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hey guys,
Not a lot to angst about - I think in the scheme of things, it's a drop in the ocean for aussie post
"Group profit of $312 million after tax, up 10.9 per cent on last year - the third consecutive year of profit growth under current Future Ready strategy."
http://auspost.com.au/about-us/annual-re...-2013.html
http://www.cepu.org/2013/10/18/profit-sh...mmunities/
A healthy profit revealed today shows Australia Post can afford to continue providing secure jobs for workers and quality, reliable mail services to Australian communities, the postal workers’ Union said.
CEPU Postal and Telecommunications NSW Branch Secretary Jim Metcher welcomed the announcement of a $312 million (after tax) profit in Australia Post’s annual report, saying there was no excuse for cuts to job numbers, post offices or mail delivery service standards.
“The present decline in letter volumes and associated costs are able to be offset by the growth in parcel volumes and retail revenues,” said Mr Metcher.
“Post employees are stepping up to the task in making the necessary adjustments that provides the ability for Australia Post to navigate their way through a dramatically changing retail and communications landscape.
“In return for maximising job security, employees at all levels along with their representatives are embracing change and are demonstrating enthusiasm for retraining into emerging areas.
“The figures all round revealed in today’s annual report shows that the hard work and commitment of all employees is paying off.
“Post must therefore do the right thing by its employees and ensure they are not victims of short-sighted cost-cutting measures.
“Post must also maintain its commitment to continue with its important community service obligations with the delivery of all mail products five days a week and on time.
“Businesses and communities across Australia rely on an affordable, reliable and efficient postal service and Australia Post can’t afford to lose its reputation as a trusted brand.”
The Union welcomes the significant trend towards maximising full time employment over the past year in line with the strong voice expressed by Australia Post employees across the nation.