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Home Personal Banking

Australia Post CEO asked to stand aside pending investigation into $12,000 Cartier watch spend

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Australia Publish’s Chief Govt Christine Holgate can be requested to face apart as an investigation is carried out into why the organisation spent $12,000 rewarding senior executives with Cartier watches.

Throughout query time this afternoon the Communications Minister Paul Fletcher stated Ms Holgate can be requested to droop her duties after it was revealed in a Senate estimates listening to that the service gifted 4 $3000 watches to senior executives.

Ms Holgate stated the watches have been purchased from a Melbourne retailer in October 2018 and have been for those that wanted “to be rewarded” for “an inordinate quantity of labor” they did in establishing private banking inside publish workplace branches.

Christine Holgate, Group Chief Govt Officer & Managing Director of Australia Publish, throughout a Senate estimtes listening to at Parliament Home in Canberra on Thursday 22 October 2020. fedpol Picture: Alex Ellinghausen (Sydney Morning Herald)

The watches have been a present from herself, the Chair and the board of Australia Publish.

The listening to couldn’t set up which company bank card was used to buy the watches.

The questions are only one line of inquiry into the spending of the organisation, which is a government-owned enterprise with the Australian Authorities as the one shareholder.

Yesterday it was revealed that Australia Publish spent greater than $700,000 on indoor vegetation over two years, prompting issues that the organisation was spending too freely.

The organisation is making ready to ship an unprecedented quantity of packages this Christmas. (Australia Publish)

Monetary paperwork revealed that within the 2018/2019 monetary 12 months Australia Publish spent $382,604 on vegetation and greenery throughout 25 officers, and $378,240 within the 2019-2020 monetary 12 months.

This 12 months, the organisation has spent $64,118 to this point – taking the full to $824,962.

Regardless of this, Australia Publish is a self-funding enterprise that doesn’t obtain authorities funding and is run by the board of the organisation, not the federal government.

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