Media Release Embargoed until 9am, 24 March 2014 Australia Post launches MyPost Concession Account • 5.7 million eligible Australians now have access to concession stamps and other qualifying products and services at a concession rate, through MyPost Concession Account • Eligible customers can now register for a MyPost Concession Account at their local post office • Concession stamps and 70 cent domestic stamps available from March 31 2014 Australia Post will introduce a concession stamp for the first time from March 31 2014. The concession stamp will be available through the MyPost Concession Account, which entitles 5.7 million eligible Australians to access to 60 cent concession stamps for the next three years along with concession rates on other qualifying Australia Post services and a digital mailbox. The basic postage rate will increase by 10 cents to 70 cents on March 31. The 10 cent increase was not objected to by the Australian Competition and Consumer Commission (ACCC) or by the Minister for Communications. “It is vital that Australia Post ensures we provide an affordable and accessible letters service for all Australians. We remain mindful of the impact to the cost of living of an increase to the stamp price, particularly for those groups who are more dependent on our traditional services,” said Managing Director and CEO Ahmed Fahour. “The MyPost Concession Account has been created to meet the needs of those customers to help them manage costs by providing them with access to the concession stamp. “Our customers’ needs are changing and Australia Post must evolve our services to ensure that we continue to help people stay connected by providing a range of choices of relevant services, whether it’s physical or digital,” added Mr Fahour. “Last year, our mail business lost $218 million and this increase to the domestic stamp price will go some way to off-setting this loss but it will not eliminate it. The establishment of a MyPost Concession Account ensures that our services remain affordable for low income groups while maintaining our essential services for all Australians.” MyPost Concession Account holders will receive a MyPost concession card that entitles them to five free concession stamps, with the option to purchase a maximum of 50 concession stamps per year. Account holders will also have access to concession rates on Mail Hold and Mail Redirection services and a digital mailbox to securely manage communications, pay bills and store important documents online with privacy, choice and control. For further information, please contact: National Media Line 03 9106 6666 Media Release The MyPost Concession Account is available to holders of the following Federal Concession cards: • • • • • Pensioner Concession Card Health Care Card Commonwealth Seniors Health Care Card Department of Veteran’s Affairs Card Veteran’s Repatriation Health Card Eligible customers can sign-up now for MyPost Concession Account at their local Australia Post outlet or download the application form from auspost.com.au/mypost. -ends- For further information, please contact: National Media Line 03 9106 6666 Fact sheet MyPost Concession Account Last updated 24 March 2014 What is it? When is it available? The new MyPost Concession Account provides 5.7 million eligible Australians with access to 60 cent concession stamps along with concession rates on other qualifying Australia Post products, and a digital mailbox. Eligible customers can now register for MyPost Concession Account at their local Australia Post outlet. Registration forms can also be downloaded online at auspost.com.au/mypost and dropped into any post office. How does it work? What if I’m not a concession card holder? MyPost Concession Account holders will receive a MyPost concession card. This card entitles them to five free concession stamps, with the option to purchase a maximum of 50 concession stamps per year. The MyPost Concession Account is only available to eligible concession card holders. What if I do not register? Eligible customers who do not register for an account will be required to pay 70 cents for a domestic stamp and will not receive the concession rate. Concession rates on mail hold and mail redirection will still be available, as will the digital mailbox. Concession stamps can be used for small and large domestic letters only. They are not valid for parcels or international services. Account holders will also receive concession rates on Mail Hold and Mail Redirection services and a digital mailbox to interact securely online with selected providers, pay bills and store important communications, anytime, anywhere. For more information, or to register: Visit auspost.com.au/mypost Who is eligible? The MyPost Concession Account is now available to any individual who holds one of the following Federal Government concession cards: Pensioner Concession Card Health Care Card Commonwealth Seniors Health Care Card Dept of Veteran’s Affairs Card Veteran’s Repatriation Health Card Fact sheet MyPost Concession Account 1
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