Customers shocked as Australia Post reveals up to 10 per cent surge in delivery prices
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Members, have you been sending lots of parcels lately? If so, then you'd better make sure to prepare your wallet for a hit.
That's because a recent announcement by Australia Post revealed that parcel delivery prices are increasing by up to 10 per cent, which means that anyone sending items through the post could be in for a very expensive surprise!
It's not just small businesses that have suffered from this unexpected price hike. Just sending one tiny parcel could now cost you more than $10, with a lot of other services costing you $13 or more.
Those sending items overseas could feel the full force of the hike, with prices soaring from $35.05 to send a 1.5-2kg parcel to New Zealand, and up to $87.25 to post to the rest of the world.
According to Mark Skipper, former Chairman of the Supply Chain & Logistics Association of Australia, parcel prices have increased by a staggering 136 per cent over the past 15 years.
Australia Post wrote on its website that these changes are necessary to help meet growing costs. They have cited soaring costs and ballooning group losses as the main reasons for the price hike, and while other businesses also have to pay increasing energy and fuel costs, the impact of the fee hike has been felt far and wide.
According to the most recent Australian Online Shopping Report by the postal service, a staggering 9.4 million households in Australia collectively spent a whopping $63.8 billion on online shopping in the year 2022.
'Parcels growth is going up as more people do online shopping, so that 10 per cent increase is an extra $199million revenue for them [Australia Post],' Mr Skipper said.
'Look at their annual report; they paid $697 million to the federal government last year in dividends and other charges.'
Now, this means that those of us who rely on Australia Post's services are paying a hefty fee for little in return. With the number of parcels reaching 2.7 million last year alone and expected to keep rising, it's important that you know the current pricing and expected changes in the future.
'Like all businesses, Australia Post is operating in an environment of increasing inflationary pressures and rising energy and fuel costs. We carefully consider any pricing changes and the impact this has on our customers,' said a spokesperson for the parcel company.
'As a completely self-funded organisation that receives no Government assistance, these pricing changes are necessary to help Australia Post address its increasing costs.'
Members, no one likes a sudden price hike—and it pays to be aware of the current pricing at all times. If you can, try to opt for alternative delivery services, and always double-check the current prices before sending anything in the post.
Do you have any tips for sending parcels? If you do, make sure to drop them in the comments section below—we'd love to hear your thoughts!
That's because a recent announcement by Australia Post revealed that parcel delivery prices are increasing by up to 10 per cent, which means that anyone sending items through the post could be in for a very expensive surprise!
It's not just small businesses that have suffered from this unexpected price hike. Just sending one tiny parcel could now cost you more than $10, with a lot of other services costing you $13 or more.
Those sending items overseas could feel the full force of the hike, with prices soaring from $35.05 to send a 1.5-2kg parcel to New Zealand, and up to $87.25 to post to the rest of the world.
According to Mark Skipper, former Chairman of the Supply Chain & Logistics Association of Australia, parcel prices have increased by a staggering 136 per cent over the past 15 years.
Australia Post hiked up its parcel and package delivery prices by up to 10 per cent. Credit: Shutterstock.
Australia Post wrote on its website that these changes are necessary to help meet growing costs. They have cited soaring costs and ballooning group losses as the main reasons for the price hike, and while other businesses also have to pay increasing energy and fuel costs, the impact of the fee hike has been felt far and wide.
According to the most recent Australian Online Shopping Report by the postal service, a staggering 9.4 million households in Australia collectively spent a whopping $63.8 billion on online shopping in the year 2022.
'Parcels growth is going up as more people do online shopping, so that 10 per cent increase is an extra $199million revenue for them [Australia Post],' Mr Skipper said.
'Look at their annual report; they paid $697 million to the federal government last year in dividends and other charges.'
Now, this means that those of us who rely on Australia Post's services are paying a hefty fee for little in return. With the number of parcels reaching 2.7 million last year alone and expected to keep rising, it's important that you know the current pricing and expected changes in the future.
'Like all businesses, Australia Post is operating in an environment of increasing inflationary pressures and rising energy and fuel costs. We carefully consider any pricing changes and the impact this has on our customers,' said a spokesperson for the parcel company.
'As a completely self-funded organisation that receives no Government assistance, these pricing changes are necessary to help Australia Post address its increasing costs.'
Members, no one likes a sudden price hike—and it pays to be aware of the current pricing at all times. If you can, try to opt for alternative delivery services, and always double-check the current prices before sending anything in the post.
Do you have any tips for sending parcels? If you do, make sure to drop them in the comments section below—we'd love to hear your thoughts!
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