Australia Post has been given regulatory relief by the Federal Government to assist it to continue providing “important” postal services during the COVID-19 crisis.
Australia Post is set to undertake a telecommunications ‘transformation” of its business, with the roll out of a series of upgrades to its network that it says will optimise performance for services across the country, as it plans for the future.
The Commonwealth Bank's five-year agreement with Australia Post, which will see the bank invest in banking services provided by post offices around Australia, including in regional areas, has led to a call for the other big banks to do their own deals to provide greater banking services in the regions.
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