Senior ministers slam Australia Post boss

  • Senior ministers slam Australia Post boss

Senior ministers slam Australia Post boss

In The Australian, business commentator Robert Gottliebsen said Ms Holgate was finding out that "no success goes unpunished at Australia Post".

Four luxury watches bought for Australia Post executives cost nearly double the amount disclosed to parliament, it's been revealed.

Australia Post chairman Lucio Di Bartolomeo said the board and management team would "fully co-operate" with the investigation.

"I think they got it with a rocket".

"The Board noted media commentary regarding the then Board's involvement in the purchase of Cartier watches".

Labor deputy leader Richard Marles earlier on Friday said the Australia Post boss was not the only one with questions to answer.

The Prime Minister ordered an urgent investigation into the Melbourne-based Ms Holgate, her executives and the board, saying: "I was appalled, it's disgraceful and it's not on".

The Australia Post appeared in the Senate Thursday and carried a gold Bulgari watch that cost up to $ 48,000.

An investigation has been launched into Australia Post and its chief executive has been stood down over the gifting of $12,000 worth of Cartier watches to senior managers.

The Herald Sun had also revealed Ms Holgate and her office spent hundreds of thousands of dollars on corporate credit cards, including for a auto service to chauffeur her around, plus $119,178 for two months of "reputation management" advice during the pandemic.

When asked how and on what card they were bought, neither Ms Holgate or the organization's CFO could state, yet they dismissed a proposal they were paid for with citizen reserves.

Mr Di Bartolomeo also said the Australia Post board did not sign off on the watches, as had been suggested by Ms Holgate.

The estimates hearing was told the total value of incentives was $97.4 million in the 2019/20 financial year.

"We are the shareholders of Australia Post on behalf of the Australian people".

Way back in 2018, the Australian Financial Review reported that Ms Holgate had raised eyebrows by turning up to a Melbourne Airport mail sorting plant with her mum and a Buddhist nun to bless the building.

Chief executive Christine Holgate will stand aside for the duration of the four-week probe, which will also examine the actions of board members.

"But in Australia Post where you're talking essentially about taxpayer dollars, the Australian government, the Australian people are the shareholders in Australia Post, then it's unacceptable".

Australia Post also promised to deliver Christmas gifts on time despite the pressure from COVID-19.

Liberal senator James Paterson, who exposed the $5.6m pay packet of her predecessor Ahmed Fahour in 2017, said: "Christine Holgate should read the room and go now".

"At yesterday's Senate Estimates hearing, Christine Holgate and other senior executives outlined the detailed plans to prepare for this year's Christmas Summit".

In an extraordinary attack, Mr Morrison said he was disgusted by the abuse of taxpayers' money. We are a commercial organization.

"I didn't use tax money".

"It was a recommendation from our chair that these people should be rewarded".