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Business

Tom Wark

Stamp price hike needed yet again, Australia Post says

Australia Post Joel Carrett Paul Graham

Australia Post wants the consumer watchdog to allow the cost of stamps to rise by 8.8 per cent. (Mick Tsikas/AAP PHOTOS)

The cost of snail mail could be set to rise again as Australia Post indicates it wants stamps priced 70 per cent higher than they were four years ago.

The post office asked the consumer watchdog on Friday to consider allowing the cost of stamps to rise 8.8 per cent from $1.70 to $1.85, bringing prices closer in line with comparative countries.

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