WOW Au post

[4green2000]

this was on the news today....Aus post managing director gets paid 5.6M salary. according to the news, the AU gov wanted to keep this a secret from AU tax payers.. he is the highest paid public servant in AU..WOW. ...

now i know why my postage costs keeps going up and up.

[4green2000]

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@transport-posters wrote:

Another $4.3 million coming his way when he reaches 60 years of age and retires.

"This one-off lump sum is based on the employee’s final ­average salary, multiplied by the years of service, multiplied by a defined benefit rate of 14.3 per cent."

http://www.news.com.au/finance/work/leaders/australia-post-ceo-will-get-43m-retirement-payout/news-s...

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LOL...my head hurts from shaking it...how they justify this blokes pay is beyond the beyond.

[kane1417]

I don't know when the opening  hours changed, but my local Australia Post Business centre is now only open from 12.00 noon to 6.00 pm, Monday to Friday.It used to be open 9.00 am to 6.00 pm ! Is there less mail being posted these days  ? ,now we have to queue out the door in a conga line to the car park at peak times.

[lyndal1838]

That is pretty pathetic, isn't it?

I can understand a lot of businesses opening about 10am.....as long as I can remember most retail shops are very quiet for the first hour or so of the day, except maybe supermarkets.  I often think that businesses who open a bit later and stay open later have the right idea.

A lot of office workers who finish at 5 would appreciate the opportunity to shop or whatever after work.

[sacramentalstoles]

You're lucky...my Business centre is only open from 6am to 1pm Monday to Friday - but not for sales...PO Box parcel pickups only.

They closed the retail Business centre over 3 years ago...lack of sales I think.
I have my PO Box still there...luckily my MYPOST card lets me know if there's any mail in my PO Box...otherwise I would have moved it ages ago.

[4green2000]

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@kane1417 wrote:

I don't know when the opening  hours changed, but my local Australia Post Business centre is now only open from 12.00 noon to 6.00 pm, Monday to Friday.It used to be open 9.00 am to 6.00 pm ! Is there less mail being posted these days  ? ,now we have to queue out the door in a conga line to the car park at peak times.

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thats 15 hours saved from one PO alone per week. imagine if they did that AU wide. managing director would get a pay rise, maybe from the current $5.6M to $10M pa...

[goldcoast4212]

Don't forget he set up Australia Post Distribution Centre in China to help the Chinese flood Ebay Australia with Dodgee Sellers and next to free postage. Then turn around and slug us with the cost....

[lyndal1838]

The Chinese Government subsidises the postage for their ebay sellers.   You can hardly blame him for that.

[brerrabbit585]

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@lyndal1838 wrote:

You county bumpkins have it made.

Here in the wilds of suburban Sydney we only have access to the local PO for 43 hours a week....9-5 Monday-Friday and 9-12 on Saturday.

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9-5 here, Monday to Friday.  Suits me just fine!  I don't think businesses should have to be open extra hours if they don't get enough business to justify it.

[lyndal1838]

I fully agree.  I really think businesses that change their hours to suit their customers have the right idea.

We used to have 3 retail shops in quite different areas. 

One of them was sooo quiet up till 11am that really we did not need to open till 10.30.

Another one was very busy from 8am as it was near a railway station.   It was very quiet then until late afternoon.  We used to open it early, have minimal staff in the middle of the day and then stay open later.

The third one was a conventional 9-5 shop, busy at lunchtime.

[skmei.australia]

I don't think you understand the corporate world.

The current CEO of whom you're alking about (Ahmed Fahour), was the CEO of NAB bank. He was the only one that the board, (and share holders ), believed could bring the company out of the hole they were in. (he is a very talented EO). They needed to better his salary with NAB in order for him to consider taking the job.

You get what you pay for. What price to you put on raising the Titanic?

Look at it this way, if you had an incredibly successful career, would you leave one job, for a harder one and 1/5 of the salary that you are drawing now? Of course not. its as simple as that.

You think the postal system is expensive now? If he didn't take over when he did, we'd be paying a lot more.