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· Posted on
February 21, 2024

Australia Post has some seagulls eyeing its chips as third-party delivery companies want access to their infrastructure

Third party delivery companies are pushing to get access to Australia Post's infrastructure to deliver to consumers faster.

What's the key learning?

  • Australia Post doesn't believe that generating revenue via third-party delivery services is a juicy enough deal to solve their money troubles.
  • As a government-owned company, Australia Post also needs to look at more than just their financials in business decisions.
  • Government-owned companies are for-profit organisations that also serve a specific public interest, but these companies can get stuck between a rock and real hard place: catering to public interest, while looking after their future financial viability.

👉 Background: Australia Post is Australia's government-owned postal service company. It started way back in 1809 and is one of the world's oldest continuously operating postal services.

👉 What happened: Australia Post has a network of over 4,300 stores across Australia. Now, third party delivery companies are pushing to get access to Australia Post's infrastructure to deliver to consumers faster. (Think: Aus Post's PO Boxes and parcel lockers)

👉 What else: Australia Post doesn't believe that generating revenue via third-party delivery services is a juicy enough deal to solve their money troubles. But as a government-owned company, Australia Post also needs to look at more than just their financials in business decisions.

What's the key learning?

💡Government-owned companies are for-profit organisations that also serve a specific public interest. Sometimes, these companies can get stuck between a rock and real hard place: catering to public interest, while looking after their future financial viability.

💡Last year, government-owned NBN was looking to increase the cost of their entry-tier internet plans and lock in price hikes in 2024. But, they backed out of their initial pricing changes after an angry response from customers and telco businesses.

💡 So when it comes to Aus Post, they have to make sure whatever they decide won't hurt the public.

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