Timeline of Australia Post's struggles
AUSTRALIA POST'S STRUGGLES
2015
June 26 - Sets aside $190 million for voluntary redundancies over three years facing an up to $500 million full year loss.
May 27 - Says staff won't be made redundant with two-speed mail service.
May 13 - Rural and regional offices get $51.4 million lifeline.
March 24 - Federal Labor says it's not time to sell, as Australia Post's bottom line is hit by fewer letters.
March 3 - Two-speed letter service approved to save $1 billion a year. Application to raise stamps to $1.
February 24 - Senate hears letter delivery service is in "terminal decline".
February 23 - Ahmed Fahour warns of $6 billion in losses over 10 years unless stamp prices rise.
2014
November 20 - Dismisses reports stamp prices could rise to $1.
September 24 - Accused of poaching businesses from struggling licensees in Senate committee hearing.
September 4 - Full year profits slide 34 per cent. Letter delivery losses $328.4 million for 2013/14. Two-speed postal service announced.
June 11 - ACTU slams Ahmed Fahour's $4.8 million salary.
June 10 - 900 jobs to be cut over 12 months as letters decline.
May 12 - Parcel deliveries extended to six days as letter service decline tipped to cost up to $1 billion in future.
May 1 - National audit suggests the government sells it after 2016.
February 20 - Stamps to rise to 70 cents.
January 21 - Denies plans to scale back daily deliveries as union describes the prospect of a fee for daily deliveries as "harebrained".
2013
October 18 - Regulated mail business losses of $218.4 million for previous financial year.
2012
February 12 - Posties deliver a billion fewer letters than five years ago as parcel volumes rise.
