Business
Holgate falls victim to PM’s grandstanding – Sydney Morning Herald
The PM has called out the Australia Post boss over some expensive gifts she gave to her team. But is this not just another tall poppy moment?
Here’s the facts: Christine Holgate has been asked to step aside “or go” by our Prime Minister over an expense of $19,950. This is the total sum spent by Holgate who, along with the support of the board and chair, chose to reward four executives for their work in clinching the Bank@Post deal.
The rewarded executives worked in securing the deal that led the Commonwealth Bank, Westpac and NAB paying a total of $66 million for enabling their customers to bank at Australia Post. The deal not only saved…
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