Australia Post prices rising again

Australia Post is being forced to raise its prices again to stem huge losses, with charges for some parcels, mail redirection, post office boxes and businesses sending letters set to jump by up to 9.6 per cent.

Despite the online shopping boom, from the March 2 posting a prepaid 5kg parcel in Australia will cost from 30c to 55c more, return paid parcels will rise by up to 85c, and customers posting parcels in their own packaging will be charged 25c to 45c more.

Australia Post is blaming its ailing letters business as well as higher delivery and transport costs, for the rise in prices and spokeswoman Michelle Skehan says, “we know that price increases are never easy for our customers and we take the decision to implement these cost recovery measures very seriously.”