FACTOID # 140: In Switzerland, the average person has to work for 102 minutes to buy a kilogram of beef - one of the longest times in the developed world. On the other hand, they only have work 14 hours to buy a refrigerator for it.
 
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Encyclopedia > New Zealand Post

New Zealand Post Limited is the dominant postal operator in New Zealand.


The company was created in 1 April 1987 as a State-Owned Enterprise from the corporatisation of the New Zealand Post Office, a government department, following the recommendations of the 1986 Mason-Morris Review. The other state-owned enterprises formed from the New Zealand Post Office: the erstwhile monopoly telephone operator (Telecom Corporation of New Zealand Limited), and a savings bank (Post Office Bank Limited), were later privatised. The majority owners were, respectively, two United States Baby Bells and an Australian bank.


New Zealand Post began its life with 1,244 post offices, later rebranded as PostShops. Of these 906 full post offices and 338 postal agencies, 600 post offices or bank branches were downsized or closed after government subsidies expired in February 1988. As of March 1998, there are 297 PostShops, and 705 Post Centres. However, there were now more outlets than before corporatisation, with 2945 other retailers of postage stamps. There has been a reduction in the 'real' price of postage, with a nominal drop of the postage rate from NZD0.45 to NZD0.40 in 1996, and restoration of the NZD0.45 rate in 2004.


As at 30 June 2004, the makeup of retail outlets was stated in New Zealand Post's 2004 annual report [1] (http://www.nzpost.co.nz/nzpost/control/corporate/annreps/index) as (minimum as per government regulations in brackets):

  • PostShops (including franchised PostShops and Books & More outlets): 323 (minimum 240)
  • Post Centres: 698 (no minimum)
  • Total: 1021 (minimum 880)

The Lange government's Postal Services Act 1987 also reduced the monopoly of New Zealand Post to a limit of NZD1.75 and 500g. It was gradually reduced to NZD0.80 in December 1991 until the 1998 legislation took effect.


The Postal Services Act 1998, passed by a National-New Zealand First coalition government, repealed the 1987 Act. The new law provides for any person to become a registered postal operator by applying to the Ministry of Economic Development. Registration as a postal operator is compulsory for letters with postage less than NZD0.80. Despite the Act, government regulation of the company still requires it to maintain certain minimum service levels, such as frequency of delivery.


New Zealand Post's exclusive right to be the 'sole operator' under the Act for the purposes of the Universal Postal Union expired on 1 April 2003. For practical purposes, this meant another postal operator could theoretically issue stamps identified simply as 'New Zealand' with UPU membership. At around the same time, it adopted an fern-shaped identifying mark on its postage stamps, to be used on the majority of its future issues.


In 2002, New Zealand Post, as part of government policy, opened the bank Kiwibank Limited in the majority of its PostShop and Books & More post office branches.


New Zealand Post also runs the Electoral Enrolment Centre as a 'business unit' under contract to the Minister of Justice. Its function is to compile and maintain all parliamentary electoral rolls.


External links and sources

  • Postal Policy at the Ministry of Economic Development (http://www.med.govt.nz/pbt/post_pol.html)
  • New Zealand Post Limited (http://www.nzpost.co.nz/)
  • Electoral Enrolment Centre (http://www.elections.org.nz/elections/conts/index.html#3)
  • Kiwibank Limited (http://www.kiwibank.co.nz/)
  • New Zealand Post Stamps Centre (http://www.nzstamps.co.nz/)
  • Books & More (http://www.whsmith.co.nz/books/default.html)

  Results from FactBites:
 
NBR ARTS AWARDS 2000 NEW ZEALAND POST (819 words)
New Zealand Post promptly brought the fisherman out to give Mrs Crowhurst the letter in person ­ a gesture that clearly moved her.
She says NZ Post recognised the sentiments of intimacy and passion in Posted Love and fully grasped all opportunities to promote the partnership during the three-month exhibition at the National Library.
Both NZ Post and the library were keen to extend the reach of the exhibition outside Wellington.
rediff.com: cricket channel - New Zealand post historic win against West Indies (663 words)
New Zealand claimed their first-ever Test victory in West Indies on Monday when they won the first Test by 204 runs with a day to spare.
New Zealand, who had failed to win in their 11 previous Test encounters in West Indies, were amply rewarded for two patiently-constructed innings on a difficult and variable wicket.
New Zealand, who made 337 and 243 in their two innings, had taken charge by dismissing West Indies for 107 on Saturday when no less than eight wickets fell to catches from rash attacking shots.
  More results at FactBites »


 

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