Like any plant or animal, all businesses have a life cycle. Australia Post is a business, no less so for being wholly owned by the Commonwealth government. In order to survive, any trading entity must produce a surplus. You can call it a transfer to reserves, a profit or any other term that takes your fancy. When an organisation does not produce a surplus, it can no longer cope with reverses in the economic environment, invest for future growth or pay for unanticipated outgoings, …
