How Australia Post 2023 July Price increases will impact your business

Australia Post have just announced price increases which will come into place from July 2023. This is only 10 months since the last increase back in September 2022 which most Australia Post Prepaid Mailing Satchels saw a 3-4% increase (we documented here if you wish to see the increases back in September 2022).

Auspost have blamed the cost increases to inflation and general cost increases like fuel and labour costs and of course their moss making letter business. So primarily Australian eCommerce businesses will need to foot the bill for these cost pressures by the way of increasing the cost of Australia Post's Prepaid Satchels. This increase will again impact on both Australia Post Parcel Post (Standard) and Express Post Prepaid Satchels which we will summarise below.

 

Australia Post Parcel Post Prices effective July 2023:

 

Australia Post Parcel Post (Standard Post) Key Takeaways:

• increased by around 9.5% compared to September 2022
• This is Australia Post’s 4th price increase since the inception of the new “if it fits it sends” prepaid satchels system back in 2019. 
• If you are using eParcel or MyPost, rates haven't been increased as yet but we predict they may follow.

 

 

Australia Post Express Post Prices effective July 2023:

 

Australia Post Express Post Key Takeaways:

• increased by around 10.5% compared to September 2022
• This is Australia Post’s 4th price increase since the inception of the new “if it fits it sends” prepaid satchels system back in 2019. 
• If you are using eParcel or MyPost, rates haven't been increased as yet but we predict they may follow.

 

Overall given the price differentials between Australia Post Prepaid Satchels and their business accounts are narrowing it make sense to take another look at the Prepaid Parcel Post & Express Satchels, to see if it make sense to use it on your eCommerce business.

 

If you don't know much about the Auspost prepaid satchels and want to see how Australia Post Prepaid satchels may work for your eCommerce business click here for more information.

 

And of course if you need plain satchels Click Here to see our extensive range of mailing satchels. Or see our range of Australia Post labels click here.

 

Always helping you on your eCommerce journey,

 

Bill Li | Founder | Awesome Pack

8/72-76 Fenton St, Huntingdale VIC 3166

Ph: 1300 816 800