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AAP
AAP
Politics
Phoebe Loomes

Regulator clears Aust Post stamp hike

Australia Post's plan to hike the cost of stamps to $1.20 has been cleared by the ACCC. (Joel Carrett/AAP PHOTOS) (AAP)

Proposed price hikes on the cost of sending a letter through Australia Post have been given the all-clear by the consumer and competition regulator.

Australia Post plans to increase its basic postage rate on its ordinary letter service by 9.1 per cent, according to a draft proposal put forward by the company earlier this year.

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