Australia Post CEO Ahmed Fahour resigns.Your thoughts please?

Will we finally get our parcels delivery?
and in 1 piece too?

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Comments

  • +21 votes

    Well now I know what he was getting paid. I'm getting my Resume ready. Throw parcels out the window of a car and get paid 5.6million to do it………sign me up!

    • +27 votes

      That wouldn't be doing the job correctly - you're supposed to sit in your nice big office leather chair and tell other people to throw parcels out their car window.

      • +78 votes

        I think you guys mean throw "pick up your parcel from nearest post office after 4pm slips" out the window

        • +6 votes

          My pickup cards seem to go "missing" in my mailbox.

        • +3 votes

          And then they close.

    •  

      I used to be overpaid - it was great, but not my fault.
      My mate Ahmed was overpaid too - it's also not his fault, it's the fault of the Board led by that ex-Telstra twat, and the government that let it happen.

      This is all BS.
      Turnbull & Co have simply had a very late epiphany, driven by the Hansonites.
      She and others have been on Ahmed's case for years, but it's less to do with his pay packet, more to do with who he is.

      He's a Muslim you see, and for Hansonites that's a real problem…
      Those who don't see that are either suckers for a scam, or one of them.

      • +6 votes

        You might want to check your facts before calling others suckers. Do you really think Telstra didn't face similar scrutiny over it's overpaid CEO when it was being privatised. Have a look at who was CEO.

  • +11 votes

    I had a package sent from the states that has been lost in limbo. Here are the tracking details:

    In transit - Received by overseas carrier 7:14pm Wed 21 Dec US-84104, UNITED STATES
    Despatched - Processed through facility 4:45am Fri 23 Dec SAN FRANCISO (US)
    In transit - Arrived at facility in destination country 10:44am Wed 28 Dec SYDNEY NSW
    In transit - 1:06pm Thu 19 Jan Chullora, NSW
    In transit - Customer Enquiry lodged 9:07am Tue 7 Feb
    Despatched - Processed through facility 7:23am Thu 23 Feb SYDNEY NSW

    After many many many calls, it has taken more than two months to be despatched!

    • +25 votes

      From my experience, Chullora functions like a black hole for parcels - once inside, they're trapped indefinitely.

      • +10 votes

        Didn't know they have managed to artificially create singularity there. My order from Banggood from last December also ended up in Chullora and then no more…

        • +1 vote

          Now that you mentioned it. I bought stuff from banggood and others (origin: China) and I did not get three packages over the Nov-Jan timeframe. I was thinking "hmmm.. my arse luck" but now ping! another one. The china warehouse even showed me the product being processed and even an envelope with my name & add on the label. [I know they could scam] but they wouldn't want to ruin their reputation this way. I am beginning to think that there is a real problem with AusPost. We should go to 4Corners!

      • +3 votes

        this place is fkd, my last parcel sat there for 6 days and in like the next suburb away!

    • +2 votes

      How did you get express service? 2 months is pretty fast for Austpost.

      The call centre is a real drain on your battery, requires 25% power just to get to your final destination. They will be licensing this mental test to the SAS as a psychology test for candidates.

    •  

      I spoke too soon. I have actually not received my package yet. It was sent back to the states! WTF.

  • +65 votes

    love this tweet:

    @interrogativus
    If Fahour ran a fish and chip shop, you'd have to pickup your order at KFC.

    • +9 votes

      that is, if you lucky to get a paper notification says you are not at home but actually you have spent whole day waiting at home.

    • +76 votes

      This is a good one too:

      "The Shovel‏@TheShovel 6h
      More
      UPDATE: Ahmed Fahour has clarified that he actually quit Australia Post years ago, but his resignation letter only arrived today"

      • -2 votes

        His notice to pick it up after 4pm.

  • +13 votes

    disgusting how one person can be worth that much..good riddance

    • +10 votes

      Could have been worse. They could have got Marissa Mayer, paid her 50 times as much as Fahour got and Australia Post would be totally bust by now- value.

  • +9 votes

    What was the board doing when they approved his salary?

    • +39 votes

      receiving payments to match….

      • +5 votes

        the whole board needs to be fired

    • +3 votes

      He posted his salary to the board @ 10$ an hour, with compounded interest everyday until it arrived.

    • +1 vote

      Board said he did some good work.

  • +13 votes

    Lindsey Fox was on the board too.
    He was threatened with collusion as he was involved in supplying Aus Post as well as being on the board.
    Wouldn't be surprised if Lin Fox was palming Ahmed some cash under the table.
    After all,$5.6m is only play money !

  • +35 votes

    The guy is a crook but pretty much anything run by the government these days is s**t house and is why the government sells there accents all the time because they run at a loss.

    I dont blame him for taking his bonus and running he has a comfortable life Politicians pretty much do the same thing.

    Australia is becoming one of the most corrupt nations on the planet - BUT DON'T WORRY THEY ARE REMOVING PENALTY RATES AND REDUCING THE AGED PENSION!! Hitting the most vulnerable people seems to be all we do these days.

    • +20 votes

      Those multi-million dollar salaries have to come from somewhere.

      Time to send out another round of inaccurate automated debt recovery notices!

    •  

      e.g joe hockey!

    • +3 votes

      "BUT DON'T WORRY THEY ARE REMOVING PENALTY RATES AND REDUCING THE AGED PENSION!!"

      I agree that government has massive issues, but honestly the removal of penalty rates and elimination of the age pension is inevitable. They're going to go at some point, better get used to the idea.

      • +5 votes

        Then get rid of health care, then public schooling etc

        why do we pay taxes again?

        • +4 votes

          That doesn't make any sense.

        • +2 votes

          What a ridiculous comment. Thord is completely correct, eventually Aged Pension will be similar to Newstart in that only a minority will rely on it, the majority will be self-funded retirees (the purpose of creating Superannuation).

          Health care and public schooling are extremely valuable uses of tax revenue and have almost nothing in common with Age Pension (let alone penalty rates which have 0% to do with tax revenue).

          PS. The Aged Pension payment wasn't reduced (it was actually increased in the lower brackets), the eligibility criteria was restricted. In my opinion before the change the Age Pension was too much of a middle-class welfare payment. I know people who had a $1m share portfolio generating $50kpa in dividends not including capital growth who were receiving the Age Pension. The cut-off is now a more reasonable $818,000.

        •  

          @Devils Advocate:

          Superannuation is a f***en rip off and the fact that you think it is a good idea shows you have 0 clue about economics - it basically disallows you access to your own money and lets fund managers profit from your FUNDS.

          As for your example that also makes no sense aged pension she be a universal pension for ALL AUSTRALIANS not the poor or the rich Australian people pension system isnt for the poor it wasnt created for that it is for those who worked 40-50 years payed taxes and now want to live the past years conformable. Instead the way it is going is work hard save invest and we wont give you shit when you're old instead of encouraging hard work the system dis-incentives it.

        • +3 votes

          @dpgrubesic:
          Sorry I can't make much sense of that comment.

          Could you please explain the link between economics and superannuation? I did economics at university so my knowledge isn't 0, but I'm not sure you even know what the word means based off the way you just used it.

          Taxes are designed to fund public services. Welfare is designed to be a safety net, not something that is relied upon.

        • +4 votes

          @Devils Advocate:
          I can't tell if dbgrubesic's second paragraph is written in Pirate or Town Crier, either.

        •  

          @dpgrubesic: That argument would make more sense if they weren't spending that money on public services. If you're earning enough to pay a huge sum, you can afford it.

        • -2 votes

          @Devils Advocate: You must of sucked at economics anything to hinders a free market is bad for economy.

          Super basically takes away 9.5% of your salary to be managed by someone else. People who support super would say it gives the average Australian a 'nest egg' to retire on which is a the biggest load of crap. People that manage super funds make millions off YOUR money. Now maybe some people need someone else to SPEND THERE MONEY but i'd prefer to be the one who invests my money any decent economist will tell you the same thing

        • +1 vote

          @dpgrubesic:
          Again, I've got almost no idea what you just said.

          I don't think you know what the free market is to be honest. Anyway, what's worse for the economy is the massively higher tax rates that are needed to fund the Age Pension expense (the largest government expense by far).

          Also, you do know everyone has the choice to manage their own superannuation? It's called a Self Managed Super Fund. Just out of curiosity, what do you invest in?

        • +1 vote

          @Frugal Rock: Gibberish.

        • +1 vote

          @Devils Advocate: Jim Beam would be my guess.

        •  

          @dpgrubesic:

          Sorry, but the pension system is a ponzi scheme and literally relies on an ever expanding population. It is not sustainable and will need to be abolished. People are living far too long for the pension to remain viable. Population demographics when the pension was introduced compared with now are worlds apart.

      •  

        The penalty rates aren't being removed, they are being cut.

    • +2 votes

      The guy is a crook……

      Care to expand on that?

      • +13 votes

        Sacks 900 people gets 5.6 million bonus donates 1 million of his salary to his 'brothers' islamic gallary (clearly tax write off which his brother will give back to him) - in turn uses Australia post to sponsor his brothers 'charity'

        If that isnt conflict of interest then i dont know that is?

        • +1 vote

          ……(clearly tax write off which his brother will give back to him) - in turn uses Australia post to sponsor his brothers 'charity'…..

          Fascinating - do you have a credible link for that?

        •  

          @jackspratt: See my comment below

        • +2 votes

          @iratepirate:

          Yes, I had read that. But it doesn't say anything about the donation being "a tax write off", his brother returning the money, or AP being a "sponsor" of the museum.

        • +3 votes

          @jackspratt:

          Because every CEO donates to islamic gallerias that are owned by his brother…

        • +3 votes

          It is a registered charity therefore someone got a tax write off the question is was it him or Auspost.

          It may not have been returned to him, but it was given to his family in directors fees and salaries.

        • +6 votes

          He made a donation, with his own money, not all of which came from his AusPost gig.
          Nothing to do with AusPost.

          The dog whistle is loud: the wrong charity for you, that's the problem.

        • +2 votes

          @JimmyTheMan:

          My issue isnt the charity it is that it is his BROTHERS charity a clear conflict of interest

        • +8 votes

          @dpgrubesic:

          In what way is there a conflict?
          There is none.

          And your issue is the charity, on the basis that his brother runs it.
          The charity is registered - and family members are not excluded from making donations.
          Anyone can make a donation, and since it's registered (which can only happen if they manage to jump a bunch of hoops), he can then offset it in his tax.
          His brother doesn't provide the tax offset, if any - the ATO does.

          You very clearly have no idea what you're talking about, or indeed what a conflict really is.
          If you have no idea, you shouldn't be here.

          Oh, just read your initial post.

          Firstly, Governments don't have accents, so can't "sell them".
          Find a dictionary and learn to spell.
          The word you're after is 'assets'.

          Secondly, Australia is one of the least corrupt countries on the planet.
          That doesn't mean there isn't any, especially at State level, but it's very low compared to say South/South-East Asia.

          You just don't have a clue you poor bugger.

        •  

          @JimmyTheMan:

          'Assets' - sorry

          Ummmm electricity, Gas, public transport etc all where once owned by the state government

          secondly Australia 200 years old most Asian nations 1500 no comparison they also have a poplation that is 10-100times ours depending on the country

          As for the charity i really dont care what it is the ethics of the situation are clear to and anyone with a brain.

          You dont have a clue bloke go live in your bubble good luck

        • +7 votes

          @dpgrubesic:

          Guy donates $1million to a registered charity, and folk are criticising him for it?
          He did a great job as CEO, saving us all from propping up AusPost, and folk want to criticise that as well?

          But yes, his package is a disgrace, but you're targeting the wrong guy - the Board and Government is who you all should be after, not him personally.

          He is in fact one of our most accomplished CEO's, and has been for years, and he started with pretty much nothing as i understand it. Not a bad effort…

        • -5 votes

          @JimmyTheMan:

          I think people are 'criticising' him because they know something fishy is going on and i dont think anyone isnt blaming the board that hired him.

          If they could prove the 'charity' used the money to support the charity i wouldnt have an issue but bet you that million has 'disappeared' or been 'lost' in the accounting statements.

          Rich people do it all the time i dont know why you find it so hard to believe the fact is he was public servant and unfortently he just got caught with his hard in the jar! that is why he resigned from a 5million dollar job.

        • +6 votes

          @dpgrubesic:

          There's no evidence, at all, that the donation was somehow misappropriated.
          None, and to my knowledge no one is suggesting this, except you.
          This is fake news.
          You're fake news.

          So it's nothing to do with AusPost, just him and the charity - at least that's what you're now saying.
          Mate, no one gives away $1million, when they don't have to, just to try and take it back with the additional benefit of a tax credit.
          Anyway there are pretty tight reporting requirements for charities.

          Instead of the charity, he could have just given the $1million straight to his brother, without involving the charity at all, but then of course he couldn't offset it in his tax. But that's still $1million…

          His hand was in a jar that was placed in front of him by the Board, and effectively the Government, and he was told he could put his hand in and pull out all that cash.

        •  

          …and increased postage twice. Nothing says lets get more people to send mail than increasing the price..
          The guy's over paid dumbass.. and he's not the first and only NBN's not far behind..

        •  

          @StopThatBus:

          Dumbass?

          The guy managed to negotiate a $5.6 million annual kick from a government enterprise.
          Whatever he is, i'm pretty sure he's not dumb…

      • +6 votes

        So in the absence of evidence to the contrary, we can assume:

        • donations have been made and dispersed in accordance with Australian tax law

        • Australia Post is not a sponsor of IMoA

        • Mr Fahour is not a "crook".

        All good then.

        • +4 votes

          Is what he has done lawful? I have no doubt. Is it in line with the public expectation? - far from it. That is the difference between a crook and a criminal.

        •  

          You think like a poor person

          The Fahours do not

        • -1 vote

          @TheCutter:
          You might be right…

          I never said i blamed him for doing what he did and never said i wouldnt do the same. Im just surprised the board that hired him haven't been fired for such incompetency in even giving this guy a job and im surprised that this could happen in the public service sector.

        • +4 votes

          @dpgrubesic:
          Its because its not tax payer funded in anyway, and also because he has actually a done a good job compared to when he started but he shouldve been moved on 3 years ago after his first excessive bonus payment.

          I say good job in that gfc most western countries postal systems taking huge taxpayer handouts to try stay afloat or privatising itself out entirely or mostly, he got rid of excess staff, uneccessary roles, outdated business practices and turned a profit every single year even in the middle of all the crashes. But yes shouldve moved on probably 2013.

        • +3 votes

          @4iedemon: That's nice, any point in linking this though? Is it perhaps the part where he references, the taxpayers were aware of his wage at the start of his contract(as it was publically available information)? Or the part where he quoted what turnbull said years ago about the potential cost to the taxpayer if Aus Post stops being profitable? Or the part where he reiterates what I said above about Aus Post not being taxpayer funded at all, he also states how much Aus Post actually contributes back into the government.

          Sooo what's your point?

        • +4 votes

          @snipeymcsnipesnipe:

          Haha I was linking that to support your points but prematurely clicked sent and couldn't be bothered to edit it afterwards cause the one from The Project conveyed similar points.

  • +42 votes

    He was paid 10 times the US postmaster general, who covers ten times the population.

    • +3 votes

      And? How does the number served being bigger make it a harder job? If anything economies of scale make it easier.

      • +2 votes

        You should make a case for the Tuvaluan postmaster to be paid more than it's GDP.

  • +13 votes

    Somebody needs to have a chat with the Board members; followed by a really good investigation of what happened here. The amount of money they were paying him was outrageous and it makes you wonder what board member perks there were? They are screwing the people who are getting Centrelink payments and then they are handing out cash like confetti to the top end. In one cases rank incompetance (ministerial level) and the other "jobs for the boys".

    • +4 votes

      Board members are more than happy to vote up the CEO's pay grade to almost any amount, simply because they see themselves as one day being on the receiving end of the uber gravy train when they claw their way to the top. Anyway, if the CEO is making a cool $5M then what's a piddling million or so for the board members…?

    • +6 votes

      What are you talking about 'screwing the people who get Centrelink payments?' At least this guy worked for his money. And he just turned a $115 million profit. In that context $5mill doesn't sound that bad. That being said, Australia Post is a joke compared to British Mail. Those guys know how to run a proper mail system. Send a letter and it's there the next day, anywhere in the country.

      • +13 votes

        At least this guy worked for his money. And he just turned a $115 million profit. In that context $5mill doesn't sound that bad

        It doesn't require a genius to turn a profit on a monopoly that's that size. I'm actually surprised the profit isn't much more than that.

        The prices of the stamps went up by almost 50% at this time last year from 70c to $1.00 and then delivery services were cut to make delivery times longer.

        If he raised it the prices a little more and cut more deliveries so that it takes up to 10 business days (instead of the now 6), the profits would've been much bigger. And add an extra $2 option for people who would like their mail to arrive within 5 business days.

        Sure everyone will whinge and complain, but we can't do jack about it and we'll continue using it just like we do now - because we have no other choice.

        •  

          "because we have no other choice"
          Sure we do, Aus Post is so bad at it's job that other companies are running parcel delivery services at high rates because they know we don't have a better alternative i.e. click and collect, officeworks mail.

        • +2 votes

          @voolish:

          But they have a legal monopoly on letters.

      • +2 votes

        Years ago in a newspaper, a man's letter said in 1938 his wife asked one morning what he fancied for dinner. On his commute to London he wrote his request on a postcard which he mailed near his office block. She received it during lunch and the meal was ready upon his return.

      • +1 vote

        Absolutely screwing the people who get Centrelink payments. These are people who have very little coming in and the number of assesssments that were incorrect was astronomical; and the Government is in no hurry to fix the issue. We live in a society where we would prefer to assist people in hard times rather than having them starve or steal our stuff. $5.6 million is lawfully "obtaining" a hell of a lot more money than the pittance that Centrelink pays people. Look at his pay compared to the equivalent in the USA, you can't tell me this isn't an exorbinate amount of money given to him by his cronies on the board. That amount of money makes absolutely no sense and is an insult to the average Australian Post worker. So sick of the high end of town trying to pretend they are worth so much more than the average worker - absolute joke. I agree with others, given the background of Australia Post he should be making a much bigger profit than this.

        • +2 votes

          You have the wrong attitude dude. The issue is that people are on Centelink, not a problem with their system.

        • +11 votes

          @thorton82: You have the wrong attitude dude - I want to support people going through a hard time, you, apparently, want to demonise them. I currently have a well paid job but, when younger, I also survived on Centrelink payments for a little while until I could get a job, any job. I'm not proud, I've worked in factory jobs, cleaning jobs, but sometimes there just isn't anything around. Would you prefer people starve or just steal your stuff - 'cause getting a job is not easy.

        • +2 votes

          Pitting people against each other is easy to do from the top— you just give someone to look down on & the worst seems to come out in them.

          "If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you." -Lyndon B. Johnson (US Pres. 1960's).

          Insert whichever group is currently being targeted by the "haves" & it always works. Divide & conquer. The "haves" use triangulation to get normally compassionate people to become their unpaid minions— it's sick.

          https://www.theguardian.com/australia-news/2017/jan/19/centr...

        • +1 vote

          @Geekomatic: This is how Trump got elected. It doesn't matter that he will do absolutely nothing for his uneducated "fan base", and will give everything to his billionaire mates, as long as he can give the "fan base" someone to demonise they are happy. The biggest rorters of the system are the well paid, who get their high priced tax accountants to wring every dollar out of the system. Things like novated leases, where you don't even need the car to travel for your business, is such a rort; yet the government does nothing about it.

      • +1 vote

        Although to be fair Royal mail is now mostly privatised and the service is terrible in parts but it certainly outshines AP in the areas of the UK where there is good service.

    • +1 vote

      Not screwing over anyone who gets centrelink because aus post is 100% self funded, meaning no taxpayers money is used at all. In fact it gives money back…. hmm

      • +1 vote

        How much money is actually 'given', as you say, and how much is the dividend agreed to during privatisation?

        "Half of Australia Post's $36 million profit last year went to just six executives"
        http://www.businessinsider.com.au/half-of-australia-posts-36...

        Those salaries do directly impact(reduce) the dividend owed to taxpayers.

        •  

          Theres a video linked multiple times in this comments section of his interview just this week which states the amount.

  • -3 votes

    my thought, he should be go straight to jail.

    • +2 votes

      Agreed.

      Do not pass GO, do not collect $5.4 million

      •  

        Do not get due process, collect $20.0 million

    • +8 votes

      Hmm, not much a 'thought' that.
      More a pointless brain fart.

      And precisely why "should be go straight to jail"?
      Making more money than you?
      My guess is that would mean most of us would to be off to the clink.
      You do work for Pizza Hut yeah?

  • +3 votes

    I put my hand up to be CEO for 1 year and then retire to a holiday home somewhere. $5.6 million should be enough.

    • +1 vote

      you and me both.

      • +12 votes

        Congratulations on the wedding

        • +6 votes

          For that sort of money I might consider it.

        •  

          Too bad, you too can't marry legally (assuming the both are of the same gender) ;)

        • +2 votes

          @Oz Bargain 3: what are the odds on stargalaxy being a woman, 'cause I sure am.

        • +1 vote

          @try2bhelpful: 50/50 ;)

        •  

          @Oz Bargain 3: On this site?

        •  

          @Oz Bargain 3: with that money just go to England, gay is no problem there.

        •  

          @dragonindespair: Tax is huge in england for rich people, maybe you two could donate a million to a charity owned by my brother ;)