Australia Post has provided the Australian Competition and Consumer Commission (ACCC) with a draft price notification regarding proposed price increases for letter services. Australia Post is proposing a 43 per cent increase to its postage rates for letters from 70c to $1 per standard letter. As well as these increases it is proposing a new delivery timetable from next day delivery in the metropolitan area to delivery in three business days.
The proposed prices are intended to take effect in early January 2016.
On 7 September 2015, the ACCC released an issues paper seeking submissions from interested parties on Australia Post's proposal.
These proposals may have possible ramifications for council budgets for mail and the efficient delivery of letters to communities. Councils are encouraged to make submissions to the ACCC by the closing date of 15 October.
More information about the proposal and on how to make a submission are available on the ACCC website.