ABAdrian Black

1. Article · Aug 28, 2026 · Adrian Black

   Australia Post slashes letter deliveries to every second day (opens the original)

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   Australian letter deliveries will continue to decline as Australia Post tries to balance its booming parcels business against plummeting mail volumes. Packages and services revenue hit a record $8.01billion in the year to June 30, while losses from sending letters fell to $63.2million from a $230million hit the year before. Cutting letter deliveries to every second day, a fall of nearly 15 per cent in letter volumes to 1.42 billion, and an increase in the stamp price to $1.70 helped soften the b

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2. Article · Aug 5, 2026 · Adrian Black

   ASX hits record high as oil plunges on peace hopes for a US-Iran deal (opens the original)

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   Australia's share market hit a record high as oil prices continue to slide on hopes the US and Iran are nearing a peace deal, echoing a historic Wall Street session. The S&P/ASX200 spiked more than 0.7 per cent to a new high of 9,213 points, topping its previous record of 9,202.9 set in late February ahead of the Persian Gulf conflict. It was unclear if the top-200 would follow through, as its lead fell to 17 points, or 0.19 per cent, to 9,162.8 by 11am AEST, while the broader All Ordinaries was

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