Afterpay's owner Block cuts almost half of its workforce as it embraces artificial intelligence, Australia Post CEO warns a decline in the letters business could become a long-term burden for taxpayers. Plus, profit reporting season wraps up today.

<p>Afterpay's owner Block cuts almost half of its workforce as it embraces artificial intelligence, Australia Post CEO warns a decline in the letters business could become a long-term burden for taxpayers. Plus, profit reporting season wraps up today.</p>

As the market closes each day, Ross Greenwood brings you breaking business news you can’t afford to miss.

<p>As the market closes each day, Ross Greenwood brings you breaking business news you can&rsquo;t afford to miss.</p>

Business Now with Ross Greenwood

Business Now | 27 February

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