Fed: Australia Post bid to raise standard stamp price
Australia Post is seeking approval to increase the basic postage stamp rate from 45 cents to 50.
Australia Post letters manager GARY LEE says the increase in the stamp price wouldcome into effect next January if it's approved by the Australian Competition and ConsumerCommission.
The 45 cent rate hasn't been changed since 1992, despite a 26 per cent increase inthe consumer price index.
AAP RTV bja/gfr/rt
KEYWORD: STAMPS (MELBOURNE)
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