The memorandum of understanding with AMP follows a similar signing with major telecommunications provider Telstra in early June.

The Australia Post Digital MailBox will enable people to access their secure, individual MailBox anytime, anywhere to receive important communications such as statements and bills from service providers.

Consumers can also set reminders and make payments using any internet enabled device.

Australia Post CEO and Managing Director Ahmed Fahour said “AMP is one of Australia’s most well-known and trusted financial service companies and like Australia Post has been supporting Australians for more than 160 years.

“The Australia Post Digital MailBox would enable AMP to discuss with its customers and shareholders their finances and products with the added security of knowing their information is safe; backed by Australia Post and protected in our Australian based cloud provided by Telstra.”

AMP CEO Craig Dunn said, “Australia Post enjoys a high level of trust and confidence from the broader community and is one of Australia’s most respected brands. It’s a company that is clearly demonstrating its ability and desire to continue to evolve and seize the opportunities presented by new technology.

“We look forward to exploring how AMP and Australia Post can work together to provide our customers greater choice in how they engage with us and access their important financial records in an online secure environment.”

The Australia Post Digital MailBox will allow Australians to:

• Connect with service providers they have a relationship with – such as banks, utilities and government entities.
• Receive statements and bills, set reminders and make payments online, using any PC or mobile device, anywhere, anytime.
• Use the Australia Post Digital MailBox as a personal digital vault to upload and easily find important documents.

For businesses, which already use and trust Australia Post, the system offers:

• A flexible range of integration options to allow businesses to connect securely to their customers through the Australia Post Digital MailBox.
• A secure digital delivery service to consumers as part of an integrated physical and digital marketing and communication platform.
• The integrated hybrid product will offer better value for money than any other singular service.

Australians can register for an Australia Post Digital MailBox at auspost.com.au/digital-post.

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Australia Post and Rural Bank have entered into a non-binding heads of agreement for the distribution of banking services. The parties are working towards agreeing a binding distribution agreement as soon as practicable.

It is intended that customers will be able to open Rural Bank deposit accounts at 1,400 post offices across the country. In addition, 130 post offices in areas with a strong agribusiness presence will offer Rural Bank loans through dedicated Rural Bank Business Development Managers.
The agreement will provide greater banking access and choice for regional Australia by bringing together Rural Bank’s innovative and specialist banking services with Australia Post’s vast retail network.

Making the announcement, Chief Executive of Rural Bank, Mr Paul Hutchinson said that the Bank was excited about the opportunity to partner with one of Australia’s most recognised and trusted brands.

“This partnership will give more people access to Rural Bank’s range of competitive transaction, savings and investment products, as well as specialised lending for Australian agribusiness. It is an ideal complement to our existing rural distribution networks.”
Christine Corbett, Executive General Manager, Retail Services for Australia Post said the proposal would strengthen Australia Post’s long-standing position as a destination for banking services.

“We are proud of our association with Rural Bank, an organisation that shares our understanding of the unique needs and demands of rural and regional life.

“This is a great example of a partnership that will not only increase services to rural and regional areas, but also help support our post offices in communities across the country by generating more business for them.”

Mr Hutchinson stated that Rural Bank is strongly committed to meeting the needs of Australians living in rural and regional areas.
“We will employ a team of Business Development Managers to support the Australia Post network at a local level, ensuring that customers receive the best possible service experience,” he said.

“We are proud that money deposited with us is reinvested back into rural and regional communities across Australia.”
The announcement of the Rural Bank – Australia Post proposed partnership has been welcomed by Malcolm Jackman, Managing Director of Elders, Rural Bank’s principal rural distributor.

“This agreement will deliver a substantial extension to Rural Bank’s reach and presence in regional Australia. Rural Bank’s profile and strength clearly stand to be enhanced by this partnership, which is good news for all the Bank’s customers and distributors,” he said.

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