Postage price bump gets watchdog’s stamp of approval
The cost of sending a letter will rise as a price increase in reflecting the decline in snail post and the consumer observer will rise as it fluctuates.
The Australian competition and the consumer commission approved the price increase of 13.3 percent and allowed Australia to poke stamps for ordinary minor letters from $ 1.50 to $ 1.70.
The last obstacle for a change of wage is still the opportunity to refuse the change, the Minister of Communication Anika Wells.
If terminated, the new stamp fees will begin on 17 July.
Accc commissioner Anna Brakey said that the call operations of the Australian Post of Australian Post brought less income than the money that costs it.
“Our final decision proposes to examine the ways to alleviate the problems of conformity for enterprises, including those subject to physical postal sending needs of Australia,” he said.
Under the fee changes, ordinary capital letters between 125 and 250 grams will rise from $ 4.50 to $ 5.10.
For mild capital letters than 125G, the stamps will rise from $ 3.00 to $ 3.40.
No discount rates will be offered to charities.
Australia Post said that letter volumes have fallen to levels that have not been seen since the 1950s.
“The average household buys a full -rate stamp each year, and the proposed increase will cost them about $ 1.20 per year.” He said.
Even with a price increase, Australians will pay less than the current median price for a small letter in OECD mail service operators.
The self -financed government enterprise may be losing money to deliver letters, but it has benefited from increasing appetite for online shopping and parcel delivery.
Australian Associated Press is a beating heart of Australian news. AAP has been the only independent national Newswire of Australia and has been providing reliable and fast news content to the media industry, the government and the corporate sector for 85 years. We inform Australia.
