IS AUSTRALIA POST A GOOD BUSINESS
01 MAY 2021
IN THE OPINION OF THE AUTHOR NO, HERES WHY.
AUSTRALIA POST ,A GOVERNMENT OWNED COMPANY , TURNED OVER IN EXCESS OF A$7 BILLION DOLLARS LAST FINANCIAL YEAR AND REPORTED A PALTRY PROFIT OF APPROX A$50 MILLION BEFORE TAX!AFTER PAYING THE FISCAL FIEND HIS ANNUAL DUES, AUSTRALIA POST NET PROFIT ON TURNOVER WAS LESS THAN OR AROUND 0.5 PERCENT, (YES ,HALF A PERCENT!) APPROX A$35 MILLION.
FRANKLY SOMEONE NEEDS TO LET THE CEO, BOARD AND CHAIRMAN KNOW, A PROFIT BEFORE TAX OF A$50 MILLION ON A TURNOVER OF OVER A$7 BILLION IS SIMPLY NOT GOOD ENOUGH. “SUCH A FINE LINE THEY WALK”. PLEASE CONSIDER THIS, AUSTRALIA POST HAS NO REAL COMPETITION!. WITH A TURNOVER AROUND A$7 BILLION THE BUSINESS COULD FALL INTO A LOSS SITUATION VERY EASILY ,QUICKLY AND AT ANY TIME!
AUSTRALIA POST TELL YOU THAT THE COMPANY PROFIT HAS INCRESE4D 30 PERCENT YEAR ON YEAR, YES TRUE FROM 41 MILLION TO 55 MILLION , BUT WE ARE POINTING AT THE REVENUE! AS IT STANDS RIGHT NOW (AND AS HAS BEEN THE CASE FOR MANY YEARS) AUSTRALIA POST IS NOTHING MORE THAN AN GIANT EMPLOYMENT COMPANY, KEEPING HARD WORKING AUSSIES IN WORK WHILE AND AT THE SAME TIME ENRICHING CEO’S EXECUTIVES AND BOARD MEMBERS , WITH EXORBITANT SALARY PACKAGES, RIDICULOUS EXPENSE CLAIMS (CEO’s LIVING AT THE MELBOURNE HYATT ,WHILE WORKING IN MELBOURNE BUT BASED IN SYDNEY SHOULD RELOCATE OR LOOK FOR ANOTHER POSITION !), SILLY BONUS’S TO ALREADY HUGELY OVERPAID EXECUTIVES. OF COURSE THEY DONT WANT TO SELL AUSTRALIA POST !ITS ALMOST LIKE THEY ARE IN ANOTHER WORLD!. JUST ENOUGH PROFIT THERE TO KEEP ALL PARTIES IN AGREEMENT!
NEARLY FORGOT, DONT FORGET TO GET THE CHAIRMAN AND THE BOARD TO PUT ASIDE SOME MORE, EXTRAORDINARY CASH FOR OUR POSTIE 1, CHRISTINE TOO! HER CLAIM IS PENDING (THE CHAIRMAN AND BOARD DIDNT BOTHER TO TICK EVEN THE MOST BASIC BOXES LIKE SECURING A ENFORCEABLE WRITTEN RELEASE RESIGNATION LETTER! FROM THE FORMER CEO )
A CALL TO THE AUSTRALIAN GOVERNMENT TO SELL/ BREAK IT UP OR ASX LIST AUSTRALIA POST AND USE THE FUNDS TO HELP PAY DOWN NATIONAL DEBT
BE WARNED, SIMPLY TAKE A QUICK LOOK OVER THE FENCE AT A COMPARABLE BUSINESS, TOLL GLOBAL EXPRESS, WITH A REVENUE OF AROUND 3.2 BILLION (AND IT COULD BE ARGUED, RUN MUCH MORE EFFICIENTLY THAN AUST POST ) WAS SOLD TO ALLEGRO FUNDS (AFTER FALLING INTO A LOSS) FOR A $7.8 MILLION (AS HAS BEEN REPORTED ON THE Tokyo Stock Exchange)
DOMESTIC AIR FREIGHT AUSTRALIA WIDE and HAZERDOUS FREIGHT
04 Jan 2021
iF YOU ARE intending to consign air freight or air cargo, please read the below carefully and DO NOT pack any of the items mentioned below. Some HAZ items may be permitted to travel by air freight but will need accompanying documentation, if you are unsure about a particular item ask CargoMaster before consigning your air cargo. Please be aware if you do not declare HAZ cargo, penalties may be imposed including big fines and possible imprisonment.
The below items listed are strictly prohibited from air freight and must never be shipped through CargoMaster services without the correct accompanying documentation Failure to abide with this demand may result in your being prosecuted Insurances WILL NOT cover any of the prohibited items listed below.
Imitation (replica) or toy firearms
Dangerous Goods of every description
All living animals and/or creatures of every description
Human or animal remains or ashes
Illegal goods (contraband)
Firearms, weapons or any item than could be used as a weapon, explosive devices, ammunition, or any parts hereof
Engines, generators, and gear boxes
Food products of every description (whether perishable or not perishable)
Perishable goods such as, but without limitation, pharmaceutical products
Lithium batteries or products containing such batteries.
Alcoholic beverages of every description
Furs and/or ivory or items made here from
Tobacco and tobacco products of every description
Fine Art. “Fine Art” means paintings, etchings, pictures, tapestries and other bona fide works of art, valuable rugs, statuary, marbles, bronzes, rare books, antique silver, manuscripts, porcelains, rare glass and bric-a-brac, collections of books, mixed periodicals, photographs, slides, clippings and other articles of a similar nature including furnishings.
Deeds and/or securities and/or treasury notes and/or any other cash equivalents and/or tickets and/or vouchers and/or stamps and/or duty stamps and the like.
Designs and/or patterns and/or plans and/or manuscripts and all other documents.
Jewellery and/or watches of every description
Money and/or coins of every description.
Precious Metals. “Precious Metals” means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.
Precious Stones. “Precious Stones” means diamonds, emeralds, rubies and sapphires.
Semi-precious Stones. “Semi-precious Stones” means amethyst, aquamarine, aventurine, carnelian, garnet, lapis lazuli, opal, pearls, rose quartz, topaz and tourmaline
* We will not accept any materials and products that may be dangerous or hazardous to handling staff
* We will not carry any substances classified as dangerous in the latest edition of the IATA publication
What are dangerous goods
Dangerous Goods are articles or substances which are capable of posing a significant risk to health, safety or to property when transported by air.
A glance in the garden shed or under the kitchen sink will reveal a wide array of things which are potentially Dangerous Goods. A few examples of the more common types of items would include pesticides, petrol, acids, aerosols and bleaches etc. You may feel comfortable storing these items in your home or transporting them in your car on the way home from the shop because you know where they are and the risks associated with them in that situation. You take precautions such as putting them in a high cupboard or a locked shed, as you dread the thought of someone swallowing or mishandling them. However, move them into the unfamiliar environment of an aircraft flying high above the earth where they may be subject to severe atmospheric pressure and temperature variations as well as vibrations and many items behave in an unpredictable manner.
Everyday things which were never meant to fly
Lawn mower Cans Matches
Camping fuel containers (in almost all cases, these cannot be carried. You will have to settle for buying fuel at your destination)
Surfboard repair kits (the resin in these kits is highly flammable)
Corrosives such as acids, alkalis and mercury.
Security attache cases incorporating explosives and dye cartridges are forbidden
Machines with petrol powered engines (lawn mowers, whipper snippers, chain saws). These are not permitted as passenger’s checked or carry-on baggage.
Fireworks, signal flares, sparklers or explosives (these are generally forbidden and in fact most Australian states require permits for the possession of fireworks)
Fuel, paints, lighter refills, matches
Drain cleaners and solvents
Spray cans, butane fuel, scuba tanks, propane tanks, CO2 cartridges
Self inflating life vests
Ammunition, gunpowder, mace, tear gas or pepper sprays are generally forbidden
Dry ice, gasoline powered tools, wet cell batteries and camping gear with fuel.
Non-radioactive medicinal or toilet articles (including aerosols) such as hairsprays, perfumes, colognes and medicines containing alcohol.
Consumer Electronic Devices containing Lithium metal or Lithium ion cells or batteries such as watches, calculating machines, cameras, cellular phones, laptop computers, camcorders etc.
Lithium or lithium ion batteries – We do not send Any items containing batteries, these will be removed & penalties may apply
AIR CARGO DROP IN APRIL.
5 June 2020
Data provider, Clive Data Services has reported a slight improvement in air freight volumes for the month of May compared to April 2020.
The Data provider advised that there was a “slight upward curve” in airfreight volumes, due to the reported -31% year-on-year decline in May compared with the -37% year-on-year decline in April.
Capacity pressure remained high in in May, Clive Data dynamic load factor indicates the volume and weight of cargo uplifted and April compared to May indicates a slight increase of just over 2.5%. A fall in demand in late May means it is likely that more difficult times ahead as aircraft start to ramp up volumes and capacity into the air cargo industry.
Over the last few months comparing airfreight demand , CLIVE said that March ended far worse than it started, while for April it was the other way around. In recent weeks ,it is obvious that May finished weaker than it started.” CLIVE explained.
Data specialists CLIVE reported: “After a series of week-over-week growth in volumes, a decline set in during the week of May 18-24, followed by an even stronger decline for the last week of May. During these last two weeks, the capacity growth rate versus the previous week was higher than the volume growth, thereby reducing the dynamic load factor for the first time in weeks by 0.5%.”
TAC advises that the reduction of pressure on capacity had caused a negative, downward impact on air freight charges to the busiest trade lanes
The steepest decline in air freight volume in history occurred in April as reported by IATA. It has been reported also that steep declines in air freight charges will continue until capacity ramps up later in 2020 or into 2021.
The managing Director of Clive Data , commented: “Looking at the last 12 weeks, it is clear to see that market volumes remain erratic and that this will continue for the foreseeable future. This is one of the few certainties we have at the moment.”
“We can see some dark clouds gathering and this is a cause of concern for air cargo. This is why, in navigating these uncertain times, weekly data becomes not only relevant to decision-making, but crucial.”
“Knowing what is happening each week gives the industry the clearest direction. We do not see signals yet that the increase in capacity is being met by growth in demand. With the announcements of increases in passenger schedules, global air cargo revenues may suffer ‘collateral damage’ of more capacity returning to the
AIRLINES USING PASSENGER AIRCRAFT TO MOVE FREIGHT
25 APRIL 2020 (1850HRS)
Some European airlines have been loading passenger aircraft with cargo on seats so as to try to keep air craft as full as possible.
Approximately 35 tons of medical goods have been uplifted by a Lufthansa A330 passenger aircraft from Shanghai, China to Frankfurt.
UPDATE WESTERN SYDNEY AIRPORT PLAN
23 APRIL 2020 (0946HRS)
Some of Australia’s largest freight companies have joined in a memorandum of understanding with Western Sydney Airport which is due to open late 2025-early 2026.
Western Sydney Airport will work with Australia’s biggest air freight operators to design a designated freight area for freight handling and operations at the new airport.
Graham Millet (Western Sydney Airport Chief Executive) has stated that Western Sydney International Airport has the potential to become Sydney’s busiest freight hub and will generate thousands of jobs.
“Operations will be 24/7 (unrestricted hours ) which means new export opportunities will become available for producers and exporters all around NSW.
Air Cargo originating in NSW will not need to be trucked to Melbourne and Brisbane, once Western Sydney Airport is operational goods will be uplifted just as quickly to Asian and other world wide markets.
Freight companies signing up to work with Western Sydney Airport on concepts for the air freight hub include Australia Post (including StarTrack), DB Schenker, DHL Express, DSV Air and Sea, FedEx, Menzies Aviation, Swissport, Qantas Freight, Skyroad Logistics and Wymap.
Millett said insights from these international freight leaders would help Western Sydney Airport optimise the design and functionality for its customers.
“The ongoing growth of online shopping as well as demand from Asia for Australian fresh produce, has had an enormous influence on the international freight market,” he said.
“Growing demand for pharmaceuticals, temperature-sensitive and perishable products will also play a key role in the future of air freight.”
Australian airports currently transport more than 1m tonnes of airfreight annually and this is forecast to grow considerably over the next decade.
The first stage of the Airport has the potential to process around 220,000 tonnes of airfreight each year through its proposed on-airport freight facility, with multiple dedicated freighter aircraft stands. This is set to scale up with demand, potentially handling 1.8m tonnes of airfreight each year in the future.
While the freight MOUs signed today focus on the airfreight industry, Western Sydney International will also provide space for Australian exporters, including the Agribusiness precinct located adjacent to the Airport.
Construction of Western Sydney International is “well underway” with the airport “on track” to open in 2026.
Australia’s industry representative for vegetable and potato growers, Michael Coote, believes the sector can continue to grow its produce with confidence. He postulated this following a $110 million International Freight Assistance Mechanism investment by the Federal government.
With Australia’s vegetable exports by both sea and air significantly impacted by COVID-19, AusVeg national manager export development Coote said the announcement had been welcomed by the nation’s vegetable growers.
“Additional planes over the next six months in cities including Perth, Melbourne, Sydney and Brisbane will give our growers another channel to move their produce into different markets
With about 90 per cent of Australia’s airfreight capacity lost since COVID-19 and prices for remaining air freight space dramatically increased, vegetablesWA chief executive officer John Shannon said most of the available air freight capacity had been taken up by more premium food products, including seafood and meat.
While higher prices due to freight costs had reduced demand for some products in international markets, he said demand remained for products that were a staple part of diets.
“There has been an increase of 200-400pc in airfreight costs,” Mr Shannon said. “For example, freight for Singapore and Malaysia is usually about $1.15-$1.50 per kilogram and that has increased to $2.50-$4/kg, while freight to the Middle East is now at $5-7/kg.”
Mr Coote said the mechanism set up by the Federal government was intended to cover the majority of costs exporters would need to pay for air freight.
“We’re hopeful that it will get per kilo down to similar rates that exporters were paying pre-covid, however that is yet to be determined,” he said.