Changes in fuel prices result in fluctuating costs for the transport industry, necessitating a variable fuel surcharge which may rise, fall or be removed, depending on the movements in fuel prices.
Australia Post regularly measures the difference between our current fuel buy price and a base price, being our fuel buy price at the time the surcharge was first notified to customers, in August 2017. The fuel surcharge for domestic parcels reflects a weighting of our direct and indirect fuel-related costs to total cost and the monthly average of index spot prices for:
- National Average Diesel Price (c/litre incl. GST) located on the Australian Institute of Petroleum website
- US Gulf Coast Kerosene-Type Jet Fuel located on the IndexMundi Commodities website
The fuel surcharge will apply to eParcel domestic consignments.
eParcel (domestic) surcharge
| Month | Surcharge |
|---|---|
| September 2019 | Surcharge 2.1% |
| August 2019 | Surcharge 2.5% |
| July 2019 | Surcharge 2.3% |
| June 2019 | Surcharge 2.2% |
| May 2019 | Surcharge 1.8% |
| April 2019 | Surcharge 1.5% |
| March 2019 | Surcharge 1.6% |
| February 2019 | Surcharge 2.5% |
| January 2019 | Surcharge 3.0% |
| December 2018 | Surcharge 2.8% |
| November 2018 | Surcharge 2.5% |
| October 2018 | Surcharge 2.4% |
| September 2018 | Surcharge 2.4% |
| August 2018 | Surcharge 0% |
| July 2018 | Surcharge 0% |
| June 2018 | Surcharge 0% |
| May 2018 | Surcharge 0% |
| April 2018 | Surcharge 0% |
| March 2018 | Surcharge 0% |
| February 2018 | Surcharge 0% |
| January 2018 | Surcharge 0% |
| December 2017 | Surcharge 0% |
| November 2017 | Surcharge 0% |
| October 2017 | Surcharge 0% |
| September 2017 | Surcharge 0% |
| August 2017 | Surcharge 0% |
The fuel surcharge will be calculated two months in arrears. For example, the monthly average price for fuel in July is used to determine the applicable surcharge to be reflected in the September invoice.
If you have any questions, please contact your Account Manager.