Australia Post has announced that it will be increasing the prices for registered post, selected domestic and international products and services and some packaging products.
Following a 16.6 per cent increase in profit to $281 million, Australia Post has announced it will be putting $2 billion towards infrastructure, products and services to transform its national logistics network to a universal digital platform.
Qantas has reached an agreement to sell its 50 per cent stake in StarTrack to Australia Post and acquire 100 per cent of the air freight business Australian air Express.
Australia Post has decided it will opening 30 superstores across the country, in addition to giving a free Australia Post Digital Mailbox for every Australian.
The report by eBay, Australia Post and PayPal found 68 per cent of respondents would like to see more competitive rates while more than half would like to see net improvements for tracking.
Consumers are making online purchases more than ever and Australia Post is transforming its service to meet this boom.
The ACCC has issued its preliminary view on Australia Post's proposal to increase prices across a number of its monopoly business mail letter services.
Australia Post has partnered with eBay to offer eBay sellers a simplified packing and posting deal.
The postal corporation saw a 4.2 per slip in mail volumes that was affected by the global shift towards digital communications but has identified four key priorities to overcome the downfall.