Australia Post boss Christine Holgate is resisting pressure to quit over revelations she purchased luxury watches for senior executives who secured a controversial banking deal, instead temporarily standing aside during an investigation.
Prime Minister Scott Morrison ordered the independent review after revelations $12,000 worth of Cartier watches were purchased for staff behind a deal with Commonwealth Bank, Westpac and the NAB to improve services at Australia Post outlets, saying he was appalled and shocked at the "disgraceful" spending.
Loading...
Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
