Aug 28, 2026 – 4.19pmAustralia Post chief executive Paul Graham says that moving to weekly delivery of letters and raising the price of stamps to as much as $4 appears inevitable, after the national mail carrier faced a $108 million annual loss once it excluded the financial benefit of one-off property sales.The government-owned business on Friday posted a modest pre-tax profit of $31.8 million for the 2026 financial year, boosted by $139 million in property sales including $70 million for a distribution centre in Brisbane acquired by Charter Hall.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Australia Post boss says drop to once-a-week deliveries ‘inevitable’
Chief executive Paul Graham says the price of stamps will also probably rise to as much as $4.
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