Australia Post boss warns change needed for struggling service to survive, confirms job cuts

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Australia Post boss warns change needed for struggling service to survive, confirms job cuts
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Chief executive Paul Graham delivered a frank assessment of the organisation's grim financial situation, with the company expected to post a financial loss this year.

abc.net.au/news/australia-post-boss-warns-change-is-needed-to-survive/102274378The laws governing Australia Post must change for there to be any hope the struggling service can survive, according to the company's boss.

The organisation previously announced it would post a financial loss this year, after a $189 million loss in only six months."We want to keep Australia Post strong for all Australians and especially communities in rural and regional Australia, but this is only possible if we are financially sustainable," he said.

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