A comprehensive and prudent treasury policy has been established to manage liquidity, interest rate, foreign exchange and fuel price risk. Reviewed by the board at least annually, the policy provides for the use of hedging instruments to protect the corporation against adverse movements in interest rates and minimise the impact of volatility in foreign exchange rate and oil price movements. The aim is to ensure reasonable certainty against budget estimates and in the cost of imported capital equipment and other supplies.

Established treasury procedures incorporate risk control principles of segregation of duties, dual control access and independent reconciliations. A Treasury Risk Management Committee determines appropriate hedging strategies within policy parameters.

Treasury activities are reported quarterly to the board and are subject to annual review by auditors.

The Corporate Security Group has responsibility for ensuring the integrity of the mail and the safety of Post’s personnel and other assets. This specialist group maintains close internal working relationships with the legal, risk and audit areas, as well as externally with international, national, state and territory law enforcement services and agencies.

To facilitate compliance with the relevant legislation Post has a dedicated trade practices compliance officer responsible for a national trade practices compliance program. In addition to undertaking comprehensive biennial trade practices training, the corporation has in place a detailed formal clearance process for all promotional and advertising material.

The corporation also has a full-time chief privacy officer responsible for maintaining a national privacy compliance program. Detailed policies, processes and procedures are in place to safeguard customers’ personal information and to foster a corporate culture that values privacy.