From the first of July, kiwis will pay extra to post the standard 80 cent letter.
New Zealand Post announced today that sending a medium sized letter by Standard Post will soon cost $1, a 20 cent increase.
The cost of sending the same letter by FastPost will increase 40 cents to $1.80.
The changes come on the back of New Zealand Post’s annual price review.
A statement released by New Zealand Post on this morning says, “Letter volumes have continued to fall sharply at a rate of approximately 60 million items a year.”
“This has impacted revenue and despite significant and ongoing cost reductions some price adjustments are necessary.”
While an increase will effect some international and business products including BoxLink, FreePost and Bulk Mail, New Zealand Post say domestic parcel prices will remain unchanged in 2016.
For the full list of postage increases, head to www.nzpost.co.nz/july2016.
