[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 47 sources · 29 days · First seen · Last updated

Australia and New Zealand postal and logistics performance

Overview

Australia and New Zealand postal and logistics providers have reported significant financial shifts driven by changing consumer habits and e-commerce trends.

In Australia, online spending reached $21.9 billion in the fourth quarter of the 2026 financial year, a 14% year-on-year increase fueled by end-of-financial-year sales. While online marketplaces accounted for 42% of purchases, the average basket size fell to a record low of $90, suggesting consumers are prioritizing value and smaller, affordable items, a phenomenon described as the “lipstick effect”.

Reflecting these trends, Australia Post reported a pre-tax profit of $31.8 million, up from $18.8 million the previous year. This growth was largely supported by $8.01 billion in parcel income and $140 million from property divestments; without the property sales, the company would have faced a $107.6 million loss. To address declining letter volumes, which fell by 14.7%, the organization is implementing a new delivery model.

In New Zealand, NZ Post returned to a $17 million net profit for the year ending June 30, marking a $19 million improvement over previous losses. Revenue rose to $1.2 billion, aided by an automated parcel processing network that handled 17.1 million parcels during peak periods. However, the union E tū has called for workers to receive a fairer share of profits, noting that some staff remain below the living wage.

Entities

Australia Post · E tū · Paul Graham · NZ Post · Canadian Union of Postal Workers

Timeline

  1. 16 days ago

    [BUSINESS] 47 sources
    Canada Post reports $277M pre-tax loss in Q2 2026

    Canada Post reported a $277 million pre-tax loss in Q2 2026, an improvement from last year, while moving forward with plans to transition millions of addresses to community mailboxes to cut costs.

  2. about 2 months ago

    [BUSINESS] 5 sources
    Australia Post reports $21.9 bn online sales in Q4, driven by EOFY discounts

    Australia Post reports $21.9 bn spent online in Q4 FY26, up 14 % YoY, with average baskets down to $90 and strong growth among millennials and EOFY sales.

Sources

100milefreepress.net · abbynews.com · albernivalleynews.com · burnslakelakesdistrictnews.com · business.scoop.co.nz · clearwatertimes.com · cloverdalereporter.com · coastmountainnews.com · cranbrooktownsman.com · crestonvalleyadvance.ca · durhamradionews.com · edmonton.citynews.ca · globalnews.ca · goldstreamgazette.com · grandforksgazette.ca · interior-news.com · kimberleybulletin.com · kitchener.citynews.ca · lakecountrycalendar.com · langleyadvancetimes.com · legalsportsbetting.com · livenews.co.nz · mapleridgenews.com · missioncityrecord.com · narcity.com · nnsl.com · northernsentinel.com · nunavutnews.com · oakbaynews.com · peacearchnews.com · peninsulanewsreview.com · ponokanews.com · pqbnews.com · revelstokereview.com · saanichnews.com · similkameenspotlight.com · surreynowleader.com · sylvanlakenews.com · terracestandard.com · theprogress.com · toronto.citynews.ca · vancouverislandfreedaily.com · vernonmorningstar.com · westerlynews.ca · winnipeg.citynews.ca · wltribune.com · yukon-news.com