ACCC assessing proposal to increase the basic postal rate and other mail service prices
The Australian Competition and Consumer Commission is assessing a proposal by Australia Post to increase the price of a number of mail services, including an increase in the basic postage rate from 50 to 55 cents.
Increases in the price of other mail services include large and small ordinary letters, large and small pre-sort ordinary letters, clean mail, reply paid mail, impact mail and local delivery mail.
"The ACCC is currently conducting a rigorous assessment of the price increases proposed by Australia Post," ACCC Chairman, Mr Graeme Samuel, said.
"The ACCC will consult widely on the proposed price increases.