Business
‘Time for a clean out’: ASIC and Australia Post scandals rock public executives – Sydney Morning Herald
Liberal and Labor MPs have condemned the corporate rewards culture and failure to deliver on services at two of the government’s top agencies.
The government is now also drawing up terms of reference for an investigation into Australia Post after Senate estimates heard on Thursday that its chief executive Christine Holgate spent $19,950 on Cartier watches as rewards for four employees. Ms Holgate had previously spent $300,000 on corporate credit cards and chauffeur-driven cars in the 2019/20 financial year.
Government sources, who asked not to be identified because deliberations are ongoing, said the inquiry would look at the culture of…
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