The Australian Competition and Consumer Commission is assessing a proposal by Australia Post to increase the price of a number of mail services, including an increase in the basic postage rate from 50 to 55 cents.
Increases in the price of other mail services include large and small ordinary letters, large and small pre-sort ordinary letters, clean mail, reply paid mail, impact mail and local delivery mail.
"The ACCC is currently conducting a rigorous assessment of the price increases proposed by Australia Post," ACCC Chairman, Mr Graeme Samuel, said.
"The ACCC will consult widely on the proposed price increases. An issues paper will soon be released seeking the views of interested parties on key issues to assist the ACCC in its assessment of Australia Post's proposal."
The proposed price increases are the first for the basic postage rate and other ordinary letters since January 2003, and first general increase to pre-sort letters since January 1992.
The issues paper and documentation detailing Australia Post's proposal will be available on the ACCC's website.