The bludging Australia Post Execs - snouts in the trough again..

Australia Post with it's ultra intelligencia CEO, scraped a measly $40 million in profit....



The Dog Father......

Farhour, the consumer, and Turnbull

"Ere's da deal, Des 20 million for us, aaaan 20 million for yous"

Which means that the gummnut, owned by we the people, with a Goldman Sachs stooge at the figurehead,  just got say about 85c each, for 24 million people, and half a dozen bludging dead shits at Australia Post, rake in a few million each, for doing fuck all, in their liberal party "jobs for the boys" appointments, and sign up bonus's - the big payout you get for doing nothing other than accepting the job...

And for running the company into the state of the the least trusted, and worst standards of customer service.....

So Fahour and his self serving bullshit, running the global bankers scam of running everything owned by the people into the ground, so it can be privatised at a bottom, dollar price to the bank funded corporate raiders.....

Yeah he earned his bonus - his liberal party banker buddy said so, by keeping him on the payroll.


http://www.theaustralian.com.au/business/companies/australia-post-execs-share-19m-payout/news-story/

Australia Post execs share $19m payout


The most senior executives at Australia Post, including chief executive Ahmed Fahour, shared in nearly $19 million in salaries and bonuses last year, a gain of more than 35 per cent, as the government-owned mail business swung back into the black.

And Mr Fahour has cemented his position as one of the highest-paid public servants in Australia, taking home an estimated $4.8 million.

Taxpayers didn’t miss out, with Australia Post pouring $20m into Treasurer Scott Morrison’s coffers after skipping dividend payments in 2015 as the group sunk to a $221.7m loss triggered by nearly half a billion dollars in losses flowing from its ageing regulated mail service.

However, the dividend payment is still thin compared to the $192.7m paid in 2013 and $213.7m in 2012.

The Australia Post annual report, tabled in parliament yesterday, shows the government-owned company paid out $18.7m to its top eight executives and 12 directors, up from $13.778m in 2015.

It is believed Mr Fahour was paid just under $4.8m, as he rode the wave of profitability following a series of reforms, cost cutting and transformation strategies that helped Post return to profitability in 2016.

It made a profit before tax of $41m in 2016.