Hamish Rutherford at Stuff reports:
The head of New Zealand Post admits hundreds of postie jobs will be cut after striking a new agreement which could see urban delivery days halved.
Today the state owned enterprise released its new Deed of Understanding, an agreement with the Government which will dictate the minimum standards from mid-2015.
Changes will see urban delivery fall to as little as three days a week, with rural services largely protected, falling only to at least five days a week.
Post is a dying business. I clear my PO Box once a week at best. Anything that is timely gets sent by e-mail or courier.
I understand the more frequent delivery minimum for rural areas is because they do not have good Internet access in many places, so are more reliant on the postal service.
Chief executive Brian Roche said the changes were required by a fundamental decline in the amount of post in New Zealand.
While parcel volumes have climbed since 2006, letter volumes have dropped by around 30 per cent over the same period.
Parcel volumes may be due to Trade Me!
We should have sold NZ Post years ago. It may not be worth very much in 10 years time. Same goes for TVNZ.