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ACCC Approves 13.3% Stamp Price Rise for Australia Post

Communications Minister Anika Wells will now review the pricing decision ahead of its planned July 17 implementation.

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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.