Budget 2020

A competitor's view of $280m govt investment in NZ Post

Jenny Ruth
Fri, 22 May 2020

Jenny Ruth
Fri, 22 May 2020
If you run a business that competes head on with a government-owned business, you're unlikely to be happy that the government hands your competitor $280 million to prop it up.That's the situation Freightways has found itself in. Last week's budget allocated New Zealand Post $130 million over three years "to support the continued service delivery and future of mail services," and another $150 million of additional capital.Freightways, which operates under a number of brands including New Zealand Couriers, Post Haste Courier...

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