Just when you thought the cost of living couldn’t impact you further, there’s another price rise on the horizon.
This price hike could hit your monthly internet bill from July 1. Most NBN plan wholesale prices will go up by between $2 and $3 per month and often, we’ll see telcos pass these costs through to customers.
The slower speed tiers are set to be the most affected. As an example, Telstra is putting its NBN 25 plans up by $4 per month and its NBN 50 plans by $5 per month. Optus has announced it will be putting its NBN 25 plan up by $5 and its NBN 50 plan by $4.
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It’s not all bad news because plenty of providers offer cheaper NBN plans. Even with the incoming price increases, they’ll typically be cheaper than what the big telcos are charging.
As an example (without incoming price changes factored in) Optus’ NBN 25 and NBN 50 plans are already between $20 to $25 more expensive than a slew of cheap NBN plan providers. On the same speed tiers, Telstra’s plans are between $35 to $40 per month more expensive.
At the end of the day, every internet provider is reselling access to the same NBN network. Plus, these days many of these smaller telcos such as SpinTel, Tangerine and Exetel are even reporting the same kinds of speeds as household names Telstra and Optus.
Currently, the cheapest NBN 25 plan in WhistleOut’s database starts from $49 per month:
Currently, the cheapest NBN 50 plan in WhistleOut’s database starts from $58.90 per month:
When it comes to faster NBN plans it’s not all bad news. For example, Optus and Telstra have actually lowered the price of their NBN 1000 plans recently by $20 per month. Dodo has lowered its NBN 250 plan by $11.10 per month.
Again, there are plenty of providers available with cheaper price points. Even at these faster speeds, many cheaper providers compete with equal or faster typical evening speeds.
Here’s how the prices on these speed tiers look like at present.
Currently, the cheapest NBN 100 plan in WhistleOut’s database starts from $64 per month:
Currently, the cheapest NBN 250 plan in WhistleOut’s database starts from $75 per month:
Currently, the cheapest NBN 1000 plan in WhistleOut’s database starts from $95 per month:
Dylan Crismale is Digital Content Editor at WhistleOut, Australia’s mobile and internet comparison site.