Electric vehicle charging at your local post office could one day be a reality, as Australia Post flags the future of its “quest to simplify” after another loss in its 2024 financial year results.
On Friday, the company reported a pre-tax loss of $88.5m. This was less than last year’s $200.3m deficit. But despite the improvement in underlying performance and ongoing efforts to modernise, the government-owned postal corporation is “still unfortunately in a loss-making situation,” the CEO, Paul Graham, told Guardian Australia.