On 20 August 2015, Australia Post provided the ACCC with a draft price notification proposing a basic postage rate of $1 for letters delivered at a new timetable, which allows an extra two business days for delivery to occur. Australia Post’s proposal also included price increases for the delivery of large letters.
On 27 November 2015 the ACCC released its view not objecting to Australia Post’s draft price notification.
On 30 November 2015 Australia Post provided the ACCC with its formal price notification, which was consistent with its draft price notification.
The ACCC was required under the Competition and Consumer Act 2010 to assess Australia Post’s price notification.
The ACCC released its decision to not object to Australia Post’s price notification on 9 December 2015.