Australia Post welcomes the Australian Competition and Consumer Commission's (ACCC) final view it has no objection to a proposed price increase for reserved ordinary letter services, including a change in the Basic Postage Rate (BPR) from $1.50 to $1.70.
The proposed increase will take effect on 17 July 2025, subject to finalisation of the remaining steps.
Australia Post recognises the cost-of-living challenges Australians are facing so concession and seasonal greeting stamps will remain at 60 and 65 cents respectively.
The BPR increase will help Australia Post address the rising cost of delivering letters, with letter volumes now at a level not seen since the 1950s.
Even with this increase, Australians will continue to have some of the lowest stamp prices in the OECD.
Around 97% of letters are sent by government or business customers. Australian households only receive two letters on average each week and letter volumes are expected to halve in the next five years.
The average household purchases five to six full-rate stamps each year and the proposed increase would cost them about $1.20 extra per year.
Charities will continue to be able to access a heavily discounted Charity Mail service.
Australia Post is a self-funded government business enterprise that does not receive any government funding and is focussed on addressing its financial challenges in a responsible way.
Media contact:
Lara Evans, Head of Media Relations, Australia Post
M: 0419 226 449
About Australia Post:
As Australia's postal service for more than 215 years, we're at the heart of every community. Last financial year we delivered more than 2.3 billion items to 12.7 million delivery points. Australia Post has one of the largest retail networks nationally, with more than 4,000 Post Offices. Australia Post employs people of all ages, genders, and abilities in our extended workforce of more than 64,000 team members, reflective of the diverse communities we operate in. We are proud to be included in the inaugural Indigenous Employment Index with 3% of our workforce identifying as Aboriginal or Torres Strait Islander and we are one of the largest Australian employers to be certified as a Disability Confident Recruiter.
