Australia Post has advised the Australian Competition and Consumer Commission that it intends to lodge a price notification relating to a proposed new service called Impact Mail.
The Impact Mail service will allow the postage of bulk quantities of irregular shaped mail.
Australia Post is required to lodge a price notification under Section 95Z(5) of the Trade Practices Act 1974 because the Impact Mail service falls within the definition of Australia Post's reserved services.
Reserved postal services are declared under Part VIIA of the Act. This means Australia Post must notify the ACCC before it can introduce the Impact Mail service. The ACCC is responsible for assessing the proposed price to determine whether it is appropriate.
The ACCC is inviting submissions from interested parties to assist with its consideration of this proposal.
Submissions should be made by 5 p.m. Monday 23 August 2004.