Senator McKenzie questions Australia Post’s chair Lucio Di Bartolomeo regarding Australia Post’s history of purchasing lavish gifts (ie cars and tickets to the Olympics) compared to the watches purchased by former CEO Christine Holgate to reward senior executives for securing a Bank@Post deal that ensured the financial sustainability of more than 2500 licensed post offices including in the regions.
As well the circumstances behind Ms Holgate’s removal as CEO, which despite admitting she was “treated abysmally”, the chair states he doesn’t believe “Australia Post owes her an apology”.
And importantly seeking a guarantee jobs and services in the regions will be protected despite a BCG report that recommends significant structural changes that will have detrimental impact on rural and regional post offices.
Watch here.