Business
Calls for postal boss to quit over luxury watch bonuses – The Australian Financial Review
Australia Post CEO Christine Holgate faces an independent review into the purchase of luxury watches for four executives, which Prime Minister Scott Morrison has…
Mr Morrison, who worked as treasurer to clean up corporate governance, is equally concerned at the culture of the board which allowed the spending to take place. Although the make up of the board has changed in the past two years, he is eager to ensure that cultural problems don’t persist under the current board.
It is understood Ms Holgate’s assertion to a Senate estimates committee that she had not misspent taxpayers’ money was considered by the government to represent a serious lapse of judgement.
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