Holgate saga an embarrassment for Australia’s political class
The blame for the massive overreaction that cost Australia Post its high-achieving chief executive needs to be sheeted home to the petty, point-scoring, and mad hyper-political culture in Canberra.
Who is to blame for Australia Post losing a seemingly effective former chief executive in Christine Holgate, whose reinvention of the mail carrier’s business model for the digital age played a critical Team Australia role during the global pandemic?
As The Australian Financial Review said at the time when the so-called “luxury watch” political storm blew up, spending $20,000 on four Cartier watches to reward four executives for landing a lucrative bank transaction deal was an unusual way to incentivise staff.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
