Driven by a more than 7% increase in domestic parcels, Australia Post’s total revenue increased 1.6% in 2018 to €4.4bn.

Revenue growth for the year was also supported by new services, including the acquisition of its former joint venture Australia Post Global, expansion of its Bank@Post programme and new identity services. However, mail volume and revenue continued to fall, despite improved performance for the unaddressed advertising sector. Driven by growth in parcels and international services, the post is targeting revenue of more than €6bn in five years’ time. For more details download the latest IPC Carrier Intelligence Report for Australia Post.

 

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