Albanese government approves a basic postage stamp price increase from $1.20 to $1.50, effective April 3rd.
The Albanese government approves a basic postage stamp price increase from $1.20 to $1.50, effective April 3rd, as Australia Post seeks financial assistance amid inflation pressures and declining letter deliveries. Concession stamps ($0.60) and seasonal greetings stamps ($0.65) remain unchanged. The decision follows assessment and public consultation by the Australian Competition and Consumer Commission. Australia Post reported a full-year earnings loss due to declining letter deliveries.
March 28, 2024
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