Australia Post ‘Subsidising’ China Delivery

Australia Post ‘Subsidising’ China Delivery
Australian flag flutters in front of the Great Hall of the People in Beijing, China, on April 14, 2016. Jason Lee/Reuters
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Internationally-set prices for letters and small package deliveries mean Australia Post is effectively subsidising deliveries to China, CEO Christine Holgate says.

Holgate also told Senate estimates on Tuesday the cost of Australia Post’s local letter delivery business continues to cut into the corporation’s revenue.

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