Sharing the PIE
We will all soon find out how serious Australia Post are about LPO sustainability.
Last year, Post accepted that the CPI does not reflect true cost increases for our LPO businesses expenses, and agreed to increase payments, which had been tied into the BPR, by the GRIA increase instead.
Soon we will be provided with the proof about Post's sincerity about having viable LPOs in its network.
If we receive a GRIA increase for all of our commission payments next month, this would prove that Post is concerned and serious about our network.
If we don’t, their not!