Overview
- Basic stamp rates for small letters will jump from $1.50 to $1.70 under the new pricing.
- Charges for ordinary large letters will increase from $3.00 to $3.40 for items up to 125 g and from $4.50 to $5.10 for those up to 250 g.
- Australia Post’s letter services have incurred significant losses as deliveries have fallen to an average of two items per household per week, the lowest since the 1950s.
- The ACCC recommended that Australia Post investigate ways to ease postage costs for businesses required to send physical mail.
- Concession stamps and seasonal greeting card prices will remain unchanged under the proposed structure.