What does the Netflix Tax cost you?
The Netflix Tax has taken effect. Here's what it costs you.
The decision to tax 'intangible' products like these first came about after a 2012 review by former premiers Nick Greiner and John Brumby, where it was found that lost revenue on software downloads amassed to around $1 billion a year. By 2015, the decision had garnered support from NSW premiere, Mike Baird, the Australian National Retailers' Association and the Shop, Distributive & Allied Employee's Association.
As of 28 June 2016, Netflix increased the pricing of its plans in Australia to suit 10% GST increase. While the Basic plan only received an 11% increase (from $8.99 to $9.99), the Standard and Premium plans saw a slightly higher increase. The Standard plan rose from $11.99 to $13.99 per month (a 16.7% increase) and the Premium plan rose went from $14.99 to $17.99 per month (20% increase).
Check the table below for more information on Netflix Australia's pricing changes.
|Netflix Australia pricing||Basic||Standard||Premium|
|Old monthly price||$8.99||$11.99||$14.99|
|New monthly price||$9.99||$13.99||$17.99|
|Stream quality||SD||SD/HD||SD/HD/Ultra HD|
|Maximum simultaneous streams||1||2||4|
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