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November 2013

November 01, 2021

New Zealand moves to three days a week mail service

Times are changing with postal services around the world thanks to people's reliance on smartphones and email.

New Zealand recently agreed to cut its mail delivery to three days a week in urban areas and five days a week in rural areas, since they're more reliant on mail, by 2015. Normally, mail is delivered six days a week.

The New Zealand Post fought for the change since it currently barely breaks even. If the normal delivery schedule continue, the service would be put it in the red, according to the Telegraph.

During the last 10 years, the amount of mail sent has dropped by a quarter and it's expected to continue rapidly dropping. The nation continues to lose another eight per cent each year, the communications minister told the Telegraph.

Anyone looking for daily mail deliveries can sign up for a premium courier-type service, but it will be interesting to see how businesses and newspapers adjust to this change.

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...