Dead letter day for Aussie Post

From Australian Financial Review:

Australia Post chief executive Ahmed Fahour has signalled the death of the letter, declaring its mail service will “never ever make money again”. And posties might have to feed pets, check meters and even check on the elderly to keep their jobs as mail continues to diminish as a business.

The nation’s 207-year-old postal service saw its net profit dive 84 per cent to $16 million in the six months to December 31, after a record decline in the number of letters being sent.

Read more: Australian Financial Review