38Matters to be considered in setting financial target

#### 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.