Kiwibank substantially boosted its parent New Zealand Post's
profit for the year ended June, with figures supplied to the
market showing NZ Post would have barely broken even without
the bank's contribution.
As Christmas approaches fewer of us are sending cards but
that is only one sign of a general drop in mail volumes. Kim
Dungey talks to the posties whose jobs are on the line as a
When Dorothy Paul was a child, Christmas cards displayed on
the mantelpiece above the coal range were as much a tradition
as making plum duff.
A Dunedin businessman is ''gobsmacked'' after the Otago
Regional Council charged him $500 in late fees, even though
he sent his rates payments before the due date.
Dunedin posties are more worried about still having a job
than how they will deliver the mail in the future.
Confirmation New Zealand Post was changing mail delivery
targets before the local body elections next month will not
impact on voting.
An after-tax profit of close to $100 million by Kiwibank
helped New Zealand Post lift what would otherwise have been
an ordinary profit for the year ended June.
With further Dunedin job losses announced yesterday, many
are starting to believe the Government is showing its disdain
for the city. Business editor Dene Mackenzie
The Dunedin economy has been dealt another blow with the
announcement yesterday 73 jobs will go when New Zealand Post
closes its Dunedin mail centre next year.
Workers at the Dunedin mail centre are devastated their jobs
will go in a major restructure of New Zealand Post, union
representative Mike Kirwood says.
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