Australian Postal Corporation Price Notification

AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

COMPETITION AND CONSUMER ACT 2010

PART VIIA, DIVISION 4, SUBSECTION 95ZC(3)

AUSTRALIAN POSTAL CORPORATION PRICE NOTIFICATION

1. On 30 November 2015, the Australian Competition and Consumer Commission (ACCC) received a price notification (a locality notice) from the Australia Postal Corporation (Australia Post) under subsection 95Z(5) of the Competition and Consumer Act 2010 (Cth) (CCA).

2.       Australia Post’s locality notice proposed price increases for its ‘ordinary’ letter services to apply from 4 January 2016.

3.       Under section 95ZB of the CCA, the ACCC has 21 days from receiving a locality notice to consider the locality notice.

4.       The ACCC decided to not object to the prices relating to notified services that were set out in that locality notice, and advised Australia Post of its decision by notice issued under subsection 95Z(6)(b) of the CCA on 9 December 2015.

5.       The reasons for the ACCC’s decision have been published on the ACCC’s website and are included in the public register kept under section 95ZC of the CCA.