NZ Post today reported a net profit after tax of $13 million for the 12 months to 30 June 2018 (FY 2018). This represents a year-on-year decline of $14 million on the FY 2017 result for continuing operations.
New Zealand Post is telling the story of Otago’s Arthur Gordon, a heroic soldier who lost both his legs in battle and went on to become an advocate for disabled servicemen, in its latest series of stamps commemorating the First World War (1914-1918).
The cost of sending a standard letter within New Zealand will increase 20 cents from $1 to $1.20, from 1 July 2018. NZ Post is making this change, along with other changes to postal products following its annual price review. For business customers, who use our Bulk Mail products there will also be product and price changes.