Australia Post's deep cultural problem exposed again

The board and management of Australia Post made an awful judgment call when they handed out $12,000 in Cartier watches to members of staff.

Australia Post chief executive Christine Holgate was forced to defend the indefensible during Senate estimates this week.

She is one of the most capable chief executives in Australia, but there is now a huge question mark over her judgment given the disclosures about gifting several staff members $12,000 in Cartier watches.

Christine Holgate's position as chief executive of Australia Post is on the line after the federal government launched a review into the board's spending.

Another famous watch story which puts the Australia Post gifts in perspective was told to Chanticleer by Moya Dodd, a former member of the FIFA World Cup Organising Committee between 2013 and 2016.

Of course, Australia Post is not at all similar to the corruption employed by FIFA, but it does raise important ethical questions?