Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
From July 1, New Zealand Post is hiking its postage price for bulk mail customers by a substantial 30%. If this price increase goes ahead, the cost of sending mail will have increased 100% in the last five years.
A group of concerned communities and businesses are today appealing to the Government to make a change that will stop the sudden and significant postal price hikes that threatens to cut them off.
The group, made up of representatives from rural communities, not-for-profits, the print and magazine industry and other affected businesses, says an urgent amendment to the deed of understanding is needed as price directly impacts accessibility.
The view of the group is that access points and delivery days are irrelevant if the price is too high for New Zealanders to put anything in the post box.
