Reference . Sacking the CEO of Australia Post ( Christine Holgate ) for wasting money has seen a lot more money wasted.
Dear Mr Morrison , Sir ,
It's a shame the way penny pinching sometimes backfires . And indeed the cost of sacking Ms Holgate is mounting daily . Cartier timepieces worth 20,000 look like small fry now . The court case resulted in a payout of one million quid in damages , plus another 100,000 in legal costs to Ms Holgate . Searching for a replacement CEO cost another 160,000 quid , and the new CEO has to cope with the resignations of key senior executives who have quit their jobs in a display of respect for their former boss .
Some key staff may remain , following the offer of retention bonuses which will cost 250, 000 quid per employee .
Not only that , but the chaos has seen competitor Global Express thrive , partly because Australia Post staff have defected to the opposition . Your attention grabbing hissy fit over 20 grand has cost millions . Perhaps the Cartier watch issue could have been handled better ? Then again , you have flawlessly managed the bushfires , the droughts , the pandemic crisis , the vaccine rollouts , and climate action , so perhaps a bit of spillage at Australia Post can be forgiven .
Anyway , on a more positive note , Gabbo tells me that fabricating the Cartier watch scandal usefully distracted the great unwashed from that dodgy Sydney Airport land purchase . Taxpayers were overcharged 20 million quid for that deal , so the sooner it is forgotten the better .
Gabbo also reckons that it might be easier for you to have Australia Post privatized now that it is on it's knees . I daresay he is right , and although postal and banking services in rural areas will suffer if Australia Post is privatized , that is the price of progress. And as Prime Minister ( now sacked ) Tony Abbott once explained , people in remote areas have to accept responsibility for their own lifestyle choices .
Your comrade , Ken .
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