Australia Post - letter pricing 2024

On 12 November 2024, Australia Post provided the ACCC with a public draft price notification proposing to increase the price of reserved ordinary letters delivered at the regular timetable by 13% from mid-2025. This includes an increase of the basic postage rate for reserved ordinary small letters from $1.50 to $1.70.

Australia Post is also proposing to increase the prices of a range of its other reserved letter services, including the price of priority labels by 30 cents, from $0.70 to $1.00. Combined with the proposed regular stamp price increase, priority ordinary small letters are proposed to increase by 50 cents, from $2.20 to $2.70.

Australia Post is not proposing to increase the price of concession stamps ($3.00 for 5) or seasonal greeting card stamps (65 cents each).

In its draft price notification, Australia Post included an indicative price path for future years, encompassing additional proposed increases to the basic postage rate of 15 cents in both mid-2026 and mid-2027. These future indicative price increases have been included to provide context regarding Australia Post’s forecast cost and revenue data, but will not be assessed in the ACCC’s current price notification process.

Australia Post intends to submit further documents in support of its draft price notification in December 2024 and January 2025. The ACCC will upload any additional public information provided by Australia Post as it becomes available.