Aussie Broadband cuts high speed NBN prices, raises it for popular plan
Aussie Broadband joins a growing list of NBN providers to change plan prices. This comes after NBN Co and the ACCC agree on a new pricing model.
The majority of Aussie Broadband's NBN plans will be impacted with price changes from 21 November 2023.
Fast internet users will benefit the most, while those on lower speed tiers will end up paying more per month.
How much are Aussie Broadband's NBN plans going to cost?
The main callout here is the change to the NBN 50 speed tier which is what roughly 45% of Aussies use. It's also one of the most popular NBN speed tiers for Aussie Broadband on Finder.
Here's a look at both the current and new monthly pricing for its plans.
|Plan||Current price||New price (from 21 Nov)|
For those on NBN 12, NBN 25 and NBN 50, plan prices will go up by $6 a month.
Those on NBN 100/20, NBN 100/40, NBN 250 and NBN 1000, prices will go down by $4 to $20 a month depending on the plan.
Just keep in mind that only those with FTTP and some HFC connection types are eligible to sign up to NBN 250 and NBN 1000 plans.
Why are NBN plan prices changing?
Following months of back and forth between NBN Co and the Australian Competition and Consumer Commission, NBN Co was finally given the green light on its new approach to wholesale pricing.
This will support and benefit faster internet users and give better cost certainty to households.
NBN Co will not be able to increase the average wholesale price to more than the change in the annual consumer price index.
Who else has already made changes to their plan prices?
Only recently, Telstra announced it would be raising NBN plan prices from 1 November for its NBN 25 and NBN 50 plans by $5 a month.
It's NBN 250 plan will go down in price by $5 a month and NBN 1000 plan will see a $10 a month decrease.
We've also seen other price movements from Optus, Belong, Foxtel, MATE and Tangerine.
- Optus: Increased NBN 25 and NBN 50 prices for new customers by $1 and $6 a month respectively.
- Belong: Increased price of its NBN 50 plan by $5 a month.
- Foxtel: Increase the price of its NBN 50 plan by $10 a month.
- MATE. Increased prices by $6-$11 across all its NBN plans, except for its new entry level plan.
- Tangerine. Special offer price has increased by $5 a month on NBN 25, but decreased by $10 a month on NBN 250 and NBN 1000 plans.
It's just a matter of time before other NBN providers follow suit as the NBN Co's new pricing structure officially kicks in end of the year.
Compare NBN plans to see if you can score a cheaper deal. Hint: There are plenty of offers making the rounds.
- New NBN regulation will promote competition and long-term interests of Australians, 17 October 2023
- Dawn of a new era: NBN welcomes ACCC approval of SAU Variation, 17 October 2023
- Smaller broadband providers continue to grow their market share, 15 September 2023
- Aussie Broadband: What's special about NBN's new SAU
Image: @anontae via Canva.com