Question

In: Economics

Write an economic analysis on the company Australia post and how it is considered to be...

Write an economic analysis on the company Australia post and how it is considered to be a Monopoly in its market using relevant information from sources such as reports from governments, International agencies, a research organisation, journal articles, business reports and/or news articles.

Solutions

Expert Solution

Australia post is known as "THE AUSTRALIA POSTAL CORPORATION".It is the government-owned corporation that provides postal services in Australia.it operates in three core markets :-(a)letters and associated services (2)retail merchandise (3)international markets. Australia post collects, process and distributes letters for the entire Australia community. It is founded in 25 April 1809. its revenue was A$6.8 billion in 2017 and its operating income was A$ 400 million in 2016 and its net income A$ 36 million in 2016.

according to the 2015-2016 Annual report :

(1): handed 4.03 billion mail.

(2): generated revenue of $6.562.

(3): earn a profit of $41.0 million.

(4): overs 50000 employees.

by this annual report, we can analyze the economy of Australia post. Australia post 's direct economic contribution in 2017 was $3.1 billion in value added. Australia post continues to make an important economic contribution across Australia.


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