More on the death of mail
This show the projected drop in mail volumes to 2018.
And the drop in fast post volumes.
This reinforces for me why NZ Post’s contractual obligations in the Deed of Understanding have to be removed or at least reduced. If not, then NZ Post simply won’t be profitable – in fact it will need taxpayer injections of funds.
The projections are NZ First Post can remain profitable until 2015, but then it gets hairy unless changes are made, such as requiring six day a week delivery.