Document ID: chunk:federal_register_of_legislation:C2025C00040:section:38
Version: federal_register_of_legislation:C2025C00040
Segment Type: section
Provision Reference: s 38
Character Range: 50096–51611

38  Matters to be considered in setting financial target
  In preparing or revising a financial target for inclusion in a corporate plan for Australia Post under section 35 of the Public Governance, Performance and Accountability Act 2013, the Board shall have regard to:
 (a) the need to earn a reasonable rate of return on Australia Post's assets; and
 (b) the need to maintain the extent of the Commonwealth's equity in Australia Post; and
 (c) the expectation of the Commonwealth that Australia Post will pay a reasonable dividend; and
 (d) the need to maintain Australia Post's financial viability; and
 (e) the need to maintain a reasonable level of reserves, especially to make provision for:
 (i) any estimated future demand for postal services; and
 (ii) any need to improve the accessibility of, and performance standards for, the letter service; and
 (f) any other commercial matters the Board considers appropriate; and
 (g) the cost of carrying out Australia Post's community service obligations; and
 (h) the cost of performing Australia Post's functions in a manner consistent with any government policy orders that apply in relation to Australia Post under section 22 of the Public Governance, Performance and Accountability Act 2013; and
 (j) the cost of implementing any directions given by the Minister under section 49; and
 (k) the cost of any other obligations of Australia Post under this or any other Act that require it to act otherwise than in accordance with normal commercial practice.