Sigh, another price increase after the recent one.
Registered Post price increase will hurt small business esp. ebay and other online sellers.
The reason given by Auspost:
Like many businesses, we're operating in a challenging economic environment with increasing costs, particularly around raw materials, delivery, transport and energy. To ensure our business is self-sustaining, we are reducing operating costs, improving network efficiencies, adjusting prices to recover our true costs, and enhancing our products.
Price Hikes > Auspost customers find private couriers > Australia Post lose money, price hike to make up > More eBayers find more couriers and it keeps going….
Can't be doing that bad though taking out a 51% stake in Startrack Express.