Mr Husic said it was unacceptable that Australia Post be gloating over its profit at a time when it was cutting its employees wages, conditions and services.
“Australia Post made nearly $600m in pre-tax profit off the backs off its staff - it has sliced around $5000 for every new postie it recruits," Mr Husic explained.
“It's done that by removing penalty rates from new starting employees, pushing for part time and casual employment in preference to full time work, contracting out work in regional areas and shutting down post offices.”
Mr Husic said that Australia Post is calling for cost cutting and wage restraint, yet this report will also detail the type of corporate bonuses that would “make a sub-prime lender blush”.
“Federal Government's of either political persuasion have said they maintain an arms-length relationship with this business, which is why they don't intervene on the issues that Postal employees are concerned about,” he said.
“However, we note that this has not stopped either side of politics from extracting special dividends from Australia Post.
"The Liberals snuck out an extra $112m in 2007/08 - and this Federal Government will snap up an extra $155m in 08/09.
"Working families in
Australia Post deserve better from a senior
management group obsessed with its pay bonuses and
profits than the conditions its' people work under."
Click here to see the CEPU ad