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Finance Minister Mathias Cormann announced that Australia Post will not be sold, along with the Australian Submarine Corporation. This decision opposes recommendations for privatisation, providing relief to regional communities dependent on postal services.
Australia Post’s bulk mail and business letter services will undergo significant changes from June 2nd. This includes a new two-speed delivery timetable, affecting various letter services. Rates will also be updated, and new postage paid imprints will indicate the chosen timetable. This implementation period extends until January 1st, 2015. For franking machine users, adjustments should be automatic, but contact your supplier if needed.
Australia Post plans to expand its delivery schedule to 6 days a week, including Saturdays, and enhance online delivery services to adapt to changing consumer demands. Managing Director and CEO Ahmed Fahour expressed the need for reforms to address declining letter volumes to sustain the service. Fortunately, the possibility of privatisation was eliminated this week as part of cost-cutting measures. Additionally, the two-speed delivery timetable introduced for business letter services will be available to general consumers.
Commemorate Anzac Day with Australia Post’s 5-year WWI centenary stamp series, highlighting pivotal events and stories.
This week, the Perth Mail Centre faced a series of events involving suspicious packages, leading to evacuations. Five letters, including one at Premier Colin Barnett’s office, were discovered containing harmless flour. Police are investigating the incident, considering it seriously despite the benign nature of the substance.
Australia Post has launched for the first time a concession rate postage stamp. This rate will be available through the MyPost Consession Account. This special rate will see concession card holders access to 60 cent stamps offsetting the new rate stamps by 10 cents.