$51m boost to Australia Post Office
16 May 2015 by News Desk
Australia Post has announced a $51.4m increase in funding for small post offices.
The cost of sending a parcel is set increase as the post office seeks to support small and rural post offices across Australia. Chief executive of Australia Post said the extra money would be delivered by increasing annual payments to almost 1,000 small post offices across the country.
“The new small Post Office support plan will immediately strengthen the future sustainability of 478 local post offices and 495 community postal agencies across rural and remote Australia.”
The $51.4m increase will be start from 1 July, but the long-term future of the scheme depends on postage rates rising to $1 for a standard letter. Without reform, the letter delivery business would lose $1bn each year, Fahour said
