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Tuesday, 29 November 1983
Page: 3022

Question No. 253

Mr Lloyd asked the Minister for Communications, upon notice, on 26 May 1983:

(1) What expenditure has been, or will be, required by Australia Post for the proposed postal courier service.

(2) Will completely separate accounts be maintained for the courier service and will they be published.

(3) What accounting procedures will be required of, or adopted by, Australia Post to ensure that there is no cross subsidy in favour of the courier service, which would provide unfair competition for private services.

Mr Duffy —The answer to the honourable member's question, based on information provided by the Australian Postal Commission, is as follows:

(1) Australia Post regards details of proposed expenditure on the express courier service as commercial- in-confidence.

(2) Australia Post will maintain appropriate accounting records of all revenue and expenditure of the proposed express courier service. As indicated in (1) and as in other comparable busines enterprises, such information is regarded as commercial-in-confidence and would not be published.

(3) See (2). The trading situation of the service will be monitored continuously. It is Australia Post's intention to re-establish the service fully as quickly as possible so as to ensure there is no cross-subsidy which would provide unfair competition for private services.