Australia Post chief executive Christine Holgate has doused speculation that she is considering a bid for a full banking licence to exploit revelations from the financial services Royal Commission.
Ms Holgate told ABC's Peter Ryan there is no need to apply for a banking licence but says Australia Post would welcome a closer relationship with the major banks especially in rural and remote Australia.
Ms Holgate confirmed that while traditional "snail mail" remains in decline, it is not about to disappear.
In a wide ranging interview, Christine Holgate responded to concerns about the gender pay gap given her lighter pay packet compared to predecessor Ahmed Fahour.
Here's the interview aired on this morning's AM program
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