Australia Post scraps crucial service, leaving local producers in the dark

Published

3 years ago

April 22, 2021

Australia Post has cut a key service that has been a critical operational tool for producers.

It means the postal service will no longer carry or deliver any perishable food such as cheese and fresh produce.

Executives revealed that the service carried many operational complications.

SA artisan producers hit by Australia Post food ban – InDaily: South Australia artisan food producers are confused and frustrated by Australia Post’s decision to stop delivering perishable food items from June 30,… https://t.co/o0hfTEaLq4 #guestpost #guestposting #australia pic.twitter.com/4Z9vgp3JhN
— @globalfirstnews (@globalfirstnews) April 21, 2021

It comes as former CEO Christine Hogate reveals she tried to save vital services like the produce delivery scheme at Australia Post and even more importantly, the Banking-At-Post service.

Christine Holgate resigned from Australia Post in 2020.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.