Australia Post has in place a comprehensive system of corporate governance practices designed to provide appropriate levels of disclosure and accountability.

These practices derive principally from the provisions of the Australian Postal Corporation (APC) Act 1989, the Commonwealth Authorities and Companies (CAC) Act 1997 and the Governance Arrangements for Commonwealth Government Business Enterprises (1997).

They are also consistent with the ASX Corporate Governance Council’s best practice recommendations, in so far as they can be applied to a government business enterprise such as Post.

A dedicated corporate governance section on the Australia Post website provides a detailed description of the corporation’s governance framework and associated practices, with hyperlinks to key documents.

The Minister for Communications, Information Technology and the Arts, Senator the Hon. Helen Coonan has portfolio responsibility for Australia Post. Under a dual shareholder model, overall responsibility for the enterprise is exercised jointly with Senator the Hon. Nick Minchin, Minister for Finance and Administration.