A jump of 5 cents to 55 cents will have a dramatic effect on many people in the community across Australia including pensioners and low income earners.
But Australia Post couldn't care less as they fleece Australian consumers as they bask in record profits.
The price hike for the basic letter rate is just the start as Australia Post embarks on the biggest price increase for letters and parcels in Australia's history.
But the classic rub-it-in-your-face move by Australia Post is the discount to be given for the first time for metered or imprinted letters without stamps. In its infinite corporate generosity, Australia Post has decided to offer a whopping 1 cent discount for such letters which can be posted for 54 cents instead of 55 cents.What great fellas they are.
They make Al Capone look like a timid Boy Scout on his way to Sunday School.
He could have learnt
a thing or two from Australia Post
Of course, the amount of publicity given to this price rise by Australia Post is somewhere between Buckley's and none - except for this hard-to-find entry on their website:
Price Changes effective 15 September 2008
On 15 September 2008 a number of price changes will come into effect for domestic and international services.
The changes, which are necessary to cover the increased cost of providing these services, include changes to the Registered Post, Print Post and international letter and parcel services.
Additionally two new price categories will be introduced:
Metered/Imprint - provides a moderate discount for full rate letters where postage has been paid using a postage meter or via an Australia Post charge account; and
Acquisition Mail - an addressed, geographically targeted, non-personalised saturation delivery service
Price sheets detailing the specific changes are available via the links below. Please refer to these price sheets for non-contract articles.
The weighted average price changes include:
Domestic Letters - 8.1%
International Letters - 3.9%
Print Post - 2.8%
International Parcels - 3.8%
Registered Post - 2.7%
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