Assessing price notifications
The price notification provisions are contained in Part VIIA of the Competition and Consumer Act 2010 and apply only to ‘notified services’ and ‘declared persons’. The object of these provisions is to have prices surveillance applied only to those markets where, in the view of the Minister, competitive pressures are not sufficient to achieve efficient prices and protect consumers.
In 2011, the Australian Government undertook a regulatory impact analysis, as a result of which it decided to limit prices surveillance of Australia Post letter services to only certain of the letter services reserved to Australia Post. For example, the 60 cent basic postage rate and other Ordinary letter services remain subject to price notification requirements. These services are described in clause 5 of the current Declaration - Price Notification Declaration (Australia Post Letter Services) (No. 2) 2011 (below).
Under the current Declaration, to avoid breaching s. 95Z of the Act, Australia Post is required to notify the ACCC if it proposes to increase the price of a declared (and therefore notified) service, or if it proposes to introduce a new service that would fall within the definition of declared (notified) services, or if it proposes to provide an existing declared (notified) service under terms and conditions that are not the same or substantially similar to the existing terms and conditions of that service.
Under the previous Declarations (issued in 1992 and February 2011), prices surveillance applied to all letter services reserved to Australia Post under Division 2 of Part 3 of the Australian Postal Corporation Act 1989.
Explanatory Statement.pdf (199.9 KB)
Recent price assessments
In June 2011, the ACCC decided to not object to Australia Post's revised proposal.
In May 2010, the ACCC decided to not object to Australia Post’s proposed increases to the prices of its reserved letter services.
In December 2009, the ACCC decided to object to Australia Post's proposed increases to the prices of its reserved letter services.
In July 2008, the ACCC decided not to object to Australia Post’s proposed increases to the prices of its reserved letter services.
This price notification relates to the proposed introduction of a new service, Impact Mail, that will fall within the definition of Australia Post's reserved services.
On 26 March 2003 Australia Post provided the ACCC with a formal notification proposing to restructure the price of Reply Paid mail.
In 2002, the ACCC supported the increase in the basic postage stamp price to 50c, but opposed the bulk mail price increases.
Documents relating to the ACCC's 2001 consideration of a price notification for the phased removal of Australia Post's its Ad Post service.
Related topics on the ACCC websiteRegulatory approach to price notifications