Record keeping rules for Australia Post

In March 2005 the ACCC released a record keeping rule for Australia Post that established a regulatory accounting framework. Australia Post is now required to provide annual financial reports for 16 defined service groups. Full details of the record keeping rule requirements, and their development, are available below.

Part 4A of the Australian Postal Corporation Act 1989 stipulates that the ACCC must require Australia Post to keep records about its reserved services to enable the ACCC to scrutinise whether or not Australia Post is cross-subsidising from its reserved services to the services it provides in competition with others.

To meet this requirement, the ACCC has released record keeping rules that establish a regulatory accounting framework for Australia Post. Release of the rules follows an extensive consultation process with Australia Post and other interested parties.