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Wells demands ‘restraint’ as Australia Post pays big executive bonuses

The Australian Financial Review (AFR) •
October 28, 2026 • 03:17 AM
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Despite an underlying loss of more than $100 million and warnings from credit agencies, the service has handed its outgoing boss a $1.36 million pay bump.

Wells demands ‘restraint’ as Australia Post pays big executive bonuses

Communications Minister Anika Wells says Australia Post needs to show restraint in awarding bonuses to its executives after the government-owned postal business gave almost $5 million to 10 of its most senior figures despite a substantial loss in the last financial year.

Australia Post chief executive Paul Graham, who announced his departure earlier this week, was given a bonus of more than $1.36 million, taking his total pay to $3.13 million. That compared to $3.3 million last year.

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