New Zealand Post raising prices
New Zealand Post has announced that the cost of sending a standard letter within New Zealand will increase by 20 cents from $1 to $1.20 on 1 July 2018.
There will also be product and price changes for business customers using New Zealand Post’s Bulk Mail products.
The full updated price list is available on New Zealand Post website at www.nzpost.co.nz/july2018.
In a statement issued today (28 March), New Zealand Post said the price increases will help to “manage the significant loss of revenue from fewer letters being sent and still maintain a network of more than 880 postal outlets and 1.98 million delivery points”.
New Zealand Post Chief Marketing Officer Bryan Dobson, said: “We acknowledge this represents a change, and we have worked very hard to reduce operational costs to minimise impact on customers who value and depend on this service.
“Careful consideration has been taken in making these pricing decisions, however given the letter decline challenges NZ Post faces they are necessary.
“Our postal pricing will now better reflect the cost to process and deliver items, and will help ensure our letters business is in good shape for the future.”