Australia Post Boss Resigns Amid Outcry Over Huge Salary

The man credited with saving Australia’s government-owned postal service announced his resignation Thursday after a slap down from politicians over his Aus$5.6 million (US$4.3 million) pay packet. Ahmed Fahour said he was stepping down as chief executive on the same day Australia Post reported a huge leap in half-year net profit to $131 million from … Read more