Well, if so he's certainly taking the slow way about it - could've just left stamps at 70c (or 60c, even), kept the 250gm parcel bracket, or just not increased service prices so much while decreasing service standards at the same time. 

but back then Auspost was making $200 Million a year and now after all the diluting and cost increases auspost is only making $100 million and the aupost CEOs wages are now at 5% of the profit of the entire operation .. his wages go up as the profits go down .. what planet  does these type of things happen on?? .. he gets paid 5 times more than the Prime Minister for driving a Public Utility into the ground and making many Australian businesses globally and locally uncompetitive!!