The Cairns Post

Bonuses despite the snail mail


AUSTRALIA Post’s eight executives shared in bonuses totalling a whopping $4.8m last year after the government­owned business suspended their incentives at the start of the pandemic.

Hundreds of other staff on six-figure salaries also raked in incentives worth $79m in 2020-21, taking Australia Post’s bonus bill to $171m in the two financial years covering the Covid crisis.

While households and businesses have faced frustratin­g delivery delays, with parcel collection­s briefly suspended in recent weeks, Australia Post chair Lucie Di Bartolomeo said the bonuses were justified based on performanc­e “in a very challengin­g operating environmen­t”.

Australia Post’s spending has been under intense scrutiny and former chief executive Christine Holgate forced out of the top job last year amid a political firestorm over her decision to reward several workers with Cartier watches.

The organisati­on’s 2020-21 annual report confirmed she received a $1m payout.

Rodney Boys, who filled in as the acting chief executive after Ms Holgate’s departure, received a base salary of $1.1m and a bonus of $730,438.

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