Part 4A of the Australian Postal Corporation Act 1989 stipulates that the ACCC must require Australia Post to keep records about its reserved services to enable the ACCC to scrutinise whether or not Australia Post is cross-subsidising from its reserved services to the services it provides in competition with others.
To meet this requirement, the ACCC has released record keeping rules that establish a regulatory accounting framework for Australia Post. Release of the rules follows an extensive consultation process with Australia Post and other interested parties.