TPG, iiNet and more set to increase NBN plans by 8%. Here’s why
Another price hike is coming through with a bunch of NBN plans from big brands about to get more expensive.
TPG, iiNet, Internode and Westnet are raising the prices of their NBN plans by $5 per month.
You can expect the increase across several speed tiers though the plans affected do vary between providers.
Take this as an opportunity to compare NBN plans to find a cheaper alternative.
When are the price rises coming into effect?
As of 21 September, TPG's already raised the pricing of its NBN 12, NBN 25 and NBN 50 plans.
Internode, iiNet and Westnet are going to follow suit soon, although we're still waiting to find out the exact date.
Here's a look at all the providers, the plans that are being impacted and what the before and after prices look like.
| Provider | Plan | Original price | New price |
|---|---|---|---|
| TPG | NBN 12 | $59.99 | $64.99 |
| TPG | NBN 25 | $64.99 | $69.99 |
| TPG | NBN 50 | $69.99 | $74.99 |
| iiNet | NBN 12 | $59.99 | $64.99 |
| iiNet | NBN 25 | $69.99 | $74.99 |
| iiNet | NBN 50 | $74.99 | $79.99 |
| Internode | NBN 12 | $49.99 | $54.99 |
| Internode | NBN 25 | $69.99 | $74.99 |
| Westnet | NBN 12 | $59.99 | $64.99 |
| Westnet | NBN 25 | $69.99 | $74.99 |
| Westnet | NBN 50 | $74.99 | $79.99 |
Why are the providers raising their prices?
The cost of living has already packed a few punches but the blows aren't over yet.
TPG, iiNet, Internode and Westnet have said that increasing wholesale costs that the NBN Co charge to them have left them little choice but to adjust their own pricing. Only NBN plans will be impacted and no changes will be made to their 'no-fuss' 4G and 5G fixed-wireless services.
The amounts we pay NBN for use of its network have significantly increased in recent years as people use more data when they work and study from home. While we have worked hard to try to continue to absorb these costs, unfortunately it is no longer sustainable to do so, said a TPG spokesperson.
"The requirement for TPG Telecom and other key industry players to adjust its pricing to address NBN cost increases, underlines the need for greater certainty and the establishing of a sustainable and affordable NBN pricing model."
Tips to save on your internet plan
Let's assume you've either been told your internet plan is about to become more expensive or you've been with the same provider for several years.
The price of loyalty can be costly and frankly not worth it.
Compare internet plans every 6 months in search of the best deal. There are plenty of providers offering 6-month sign-up discounts.
Once your discount period is up, you can just switch plans for the next deal.
- Keep in mind. Switching plans is cheap and easy if you have a compatible modem that'll work with the new provider. Or, you're interested in signing up with a brand that's asking for $0 from you for a new modem.
Check out our list of cheap NBN plans with prices starting from $34 for unlimited data. Or, have a look through our best NBN picks for this month.
