Ahmed Fahour

About 100 people rallied outside Australia Post in the CBD on September 9 to protest against job cuts at Australia Post. Australia Post CEO Ahmed Fahour’s plans to “halve the service and double the price for letters” is before the parliament now. This could see the price of stamps increased to $1. Fahour announced that he had put aside $190 million for redundancies — an indication of how many jobs will go. Australia Post’s revenue has increased by more than $1.5 billion since 2010.