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Monday, 24 March 2014 15:49

Pensioners get concession stamps, but stamp prices going up


Australia Post has introduced a concession stamp for pensioners and other eligible concession card holders just one week before the basic postage rate increases.

The introduction of concession stamps and an increase in the postage rate follows Australia Post’s $218 million loss in its mail business last year.

“Last year, our mail business lost $218 million and this increase to the domestic stamp price will go some way to off-setting this loss but it will not eliminate it,” said Australia Post Managing Director and CEO Ahmed Fahour.

Fahour said today the concession stamps will be available through the MyPost Concession Account, which entitles 5.7 million eligible Australians to access to 60 cent concession stamps for the next three years along with concession rates on other qualifying Australia Post services and a digital mailbox.

The basic postage rate will increase by 10 cents to 70 cents on 31 March after the Australian Competition and Consumer Commission (ACCC) and the Minister for Communications did not object to the increase.

“It is vital that Australia Post ensures we provide an affordable and accessible letters service for all Australians. We remain mindful of the impact to the cost of living of an increase to the stamp price, particularly for those groups who are more dependent on our traditional services,” Fahour said.

“The MyPost Concession Account has been created to meet the needs of those customers to help them manage costs by providing them with access to the concession stamp.

“Our customers’ needs are changing and Australia Post must evolve our services to ensure that we continue to help people stay connected by providing a range of choices of relevant services, whether it’s physical or digital.”

Fahour said the establishment of a MyPost Concession Account ensures that Australia Post’s services remain affordable for low income groups “while maintaining our essential services for all Australians.”

Under the new arrangements, MyPost Concession Account holders will receive a MyPost concession card that entitles them to five free concession stamps, with the option to purchase a maximum of 50 concession stamps per year.

Account holders will also have access to concession rates on Mail Hold and Mail Redirection services and a digital mailbox to securely manage communications, pay bills and store important documents online with privacy, choice and control.

The MyPost Concession Account is available to holders of the following Federal Concession cards:

•    Pensioner Concession Card
•    Health Care Card
•    Commonwealth Seniors Health Care Card
•    Department of Veteran’s Affairs Card
•    Veteran’s Repatriation Health Card

Eligible customers can sign-up now for MyPost Concession Account at their local Australia Post outlet or download the application form from the Australia Post website

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Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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