Australia Posts Annual Report for 2012 shows the before tax profit was $366.7m (after tax $281.2m). The Commonwealth Government was paid a dividend of $213.7m (a return on equity of a whopping 18.7%)
Australia Post also paid $85.5m in tax.
This web site has had over 6000 hits during the last week and many of us are realising that we are not alone in our desire to improve our future. Our numbers are building and we will start putting state groups together shortly. If you are keen to have more involvement in your state please contact the LPO Group via email at firstname.lastname@example.org
An election in September is great news for Licensees. There is hundreds of politicians looking for votes and now is the time to use our combined force to move our mountain.
Over the last 18 months Senator Eric Abetz (Leader of the Opposition in the Australian
Senate and part of the Tasmanian Liberal Senate Team) has been looking very closely at the plight of the Licensed Post Office. He has raised many of our issues at the Senate Estimates hearings, and has had some measure of success assisting individual Licensees who were up against the wall.
In 1993 mail and parcel contracts were poorly paid jobs compared to LPOs. 20 years on and the reverse now applies. Australia Post needs the mail and the parcels to be delivered so they are compelled to pay a current fair and reasonable price, which includes all the fixed cost that a contractor is required to pay, otherwise Australia Post won't get the mail delivered!
Mail contract payments have increased by more than 100% over the last 20 years because they need to reflect all the increasing cost the contractors face.