Australia Post to Seek Acquisitions: Reports

Posted on by Chief Marketer Staff

Australia Post will consider acquisitions and overseas partnerships after overcoming an unstable economy and a static stamp price to deliver a record profit, according to wire service reports.

The company’s annual report reported a $592.2 million Australian ($399 million) pre-tax profit – up 5.4%.

Australia Post chairman David Mortimer said the company’s success was closely linked to the country’s economic stability.

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