Australia Post is now set to hike the price of sending letters by 9.1 per cent. 9News
is set to hike the price of sending letters by 9.1 per cent after the Australian Competition and Consumer Commission gave its approval of the increase.earlier revealed a proposal to hike the basic postage rate on small letters from $1.10 to $1.20.up to 125 grams by 20 cents and large letters over 25 grams by 30 cents.
"The combination of declining letter volumes and an increasing number of delivery points around the country has increased the cost of delivering letters," Brakey said. "The ACCC acknowledges the current inflationary environment and cost-of-living pressures faced by Australian consumers, and we have considered the affordability impacts of the proposed price increase on consumers and small businesses."
Brakey added the average Aussie sends 15 letters a year, meaning this price hike would cost about $1.50 annually.
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