Australia Post are in talks to raise the price of a standard stamp to 70c. This is after the sneaky international price rise of $1.00 that was posted here on OzBargain to England.
Source: http://www.abc.net.au/news/2013-12-26/australia-post-asks-fo…
When this goes through, as it will 100% go through, it will mean postage for items will be increased especially for smaller items that require single stamps as postage. The average is about 2-3 stamps per parcel. That's an extra 20c - 30c per item.
The thing I really don't like about how Australia Post is trying to make it seem like it should be accepted by Australians because of the loss of business due to e-mail, they failed to say they recently acquired Startrack Express due to the high volumes of parcels, and profits from those parcels with 70%+ from Online Sales. The are currently seeing an influx of 10% per year of the amount of parcels going through the Postal System.
However, the company says it has not made a formal request for an increase in the stamp price.
This is usually what happens when they create noise for feedback, without making it seem formal. Once it all dies down, the request will go through and a price rise will be inevitable.
That's right. It is not about inflation. It is about the big decline in people / companies posting letters. AusPost know letter delivery business is declining every year. The issue is the revenue (income) coming from letter delivery business is decreasing. The revenue has been lower than the expenses for years now, so a postage increase is needed.