Posts tagged "Australia Post and small business"

Sendle CEO says the move would boost regional and rural business, lower shipping costs and improve service.

Compensation could include a credit to their Australia Post account, a payment to a nominated bank account or a cheque.

Small businesses running Licensed Post Offices are bracing for the end of Australia Post's daily letter deliveries, but have taken comfort in the extraordinary strength of their parcel handling services.

Last week we reported on Australia Post removing 'Sorry we missed you' cards for MyPost customers. And the comment section blew up.

A number of community advocates have been pushing for Australia Post to enter the retail banking market as a full-fledged institution.

After posting a razor-thin profit of $23.6 million in the last six months of 2022, it anticipates a loss for the full 2022-23 financial year — only the second time since being corporatised in 1989.

Australia Post will soon assess the viability of more than 3,500 post offices run by small businesses or individuals, as the mail carrier stares down the collapse of its letter operations and difficulties meeting the needs of a rapidly digitising economy.

The letters arm of Australia Post is dragging the business into the red. But cutting off this section could result in big complications.

Australia Post is using its market power to damage small businesses, says Peter Strong from the Council of Small Business Organisations Australia.