Article: Australia: Australia Post to Invest A$700 Million to Expand, Review Says.

Byline: pinto03

Australia Postal Corp. will invest A$700 million ($580 million) the next three years to expand fast-growing revenue sources such as identity verification and logistics, the Australian Financial Review said.

Managing Director Graeme John is due to announce his retirement today, sparking a wider management shake-up at the federal government s largest trading corporation, which employs 35,000 staff, the newspaper ...

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