Proposed stamp price increase - stakeholder survey

Overview

We welcome your views on Australia Post’s proposal to increase stamp prices by 25% from January 2024, being an increase of:

• 30 cents, from $1.20 to $1.50, for ordinary small letters
• 60 cents, from $2.40 to $3.00, for ordinary large letters up to 125g
• 90 cents, from $3.60 to $4.50, for ordinary large letters over 125g up to 250g.

Australia Post is not proposing to increase the price of concession stamps ($3 for 5) or seasonal greeting card stamps (65c).

ACCC role in stamp price regulation

The ACCC is required to assess proposed stamp price increases in accordance with the Competition and Consumer Act. We are seeking the views of stakeholders, including individuals and small business, to inform our assessment of the proposal.

The ACCC does not have the power to approve a proposed price. Instead, we can decide to object or to not object to a proposed stamp price increase.

The ACCC only has a role in assessing the price of certain letter services. We do not have a role in assessing the price of parcel services.

Submissions

All submissions, including survey responses and files uploaded, will be treated as public documents and published on the ACCC website in accordance with the ACCC’s Information Policy, unless otherwise requested.

Any parties wishing to submit commercial-in-confidence material should submit two versions of the submission:

1. A public submission that can be published on the ACCC’s website, in which all confidential material has been removed and replaced with ‘c-i-c’. Please ensure that redacted information is not searchable or otherwise able to be viewed.
2. A confidential version that clearly identifies the information over which confidentiality is claimed by bookending the confidential material with a marking of ‘c-i-c’. Please also highlight for ease of reference the material over which confidentiality is claimed.

More information about the ACCC’s treatment of confidential information can be found in the ACCC’s Information Policy and section 4.2 of the ACCC’s Statement of Regulatory Approach to Assessing Price Notifications.

Your personal information

The ACCC will handle personal information collected in this survey in accordance with the Australian Privacy Principles. We will only use your email address for the purpose of providing you with a copy of your survey responses and we will not disclose it without your consent, except where authorised or required by law.

Information about how to access and/or correct your personal information, and how to lodge a complaint in relation to the handling of your personal information, is set out in our Privacy Policy on our website.

What happens next

The ACCC will analyse the responses to this survey in the course of undertaking an assessment to decide whether to object or not object to the proposed stamp price increase.