ACCC decision
On 6 December 2019, the ACCC released its decision to not object to Australia Post's price notification.
Postal services
Price notification
On 20 November 2019 Australia Post provided the ACCC with its formal price notification, which is consistent with its draft price notification.
Ordinary letters rate increase not opposed
The ACCC has decided not to object to Australia Post’s draft proposal to increase the prices of ordinary letter services delivered to its regular timetable, including the basic postage rate (BPR) from $1.00 to $1.10.
Australia Post is not proposing to increase the price of priority labels (50 cents), concession stamps (60 cents) or stamps for seasonal greeting cards (65 cents), such as Christmas cards.
ACCC view
On 14 November 2019, the ACCC released its view not objecting to Australia Post's proposed price increases.
Issues paper
The ACCC released an issues paper seeking submissions from interested parties on Australia Post's proposal on 23 August 2019.
Australia Post price rise proposal received
Australia Post has submitted to the ACCC for assessment a proposal to increase the price of its ordinary letter services, including stamps.
Australia Post operates a two-speed letter service, which was introduced for consumers in 2016.
Under Australia Post’s proposal, the basic postage rate charged for ordinary small letters delivered to its regular timetable would rise from $1.00 to $1.10.
The price of delivering ordinary large letters at the regular timetable would rise by 10 per cent.
Draft price notification
Australia Post has provided the ACCC with a draft price notification proposing to increase prices of ordinary letters delivered at the regular timetable by 10 per cent. This includes an increase of the basic postage rate for ordinary small letters delivered at the regular timetable from $1.00 to $1.10.
Australia Post - letter pricing 2015
Australia Post has provided the ACCC with a draft price notification regarding proposed price increases for letter services. Australia Post is proposing to introduce a basic postage rate of $1 for letters delivered at a new slower timetable, which allows up to an extra three business days for delivery to occur. Postage stamps for letters delivered at the current timetable cost 70 cents. Australia Post’s proposal also includes price increases for the delivery of large letters.
Australia Post - letter pricing 2019
On 1 August 2019, Australia Post provided the ACCC with a draft price notification proposing to increase prices of ordinary letters delivered at the regular timetable by 10 per cent.
Revised Australia Post record keeping rules
Part 4A of the Australian Postal Corporation Act 1989 allows the ACCC to issue record keeping rules to Australia Post.