With the constant evolution of technology, the good old days of reasonable internet bills seem to be ebbing away.

Now, millions are about to get a nasty surprise on their next bills as major telcos are set to increase their prices on certain home internet plans.

In the wave of this price surge, Telstra, Optus, Foxtel, and Aussie Broadband are amongst the telco companies that have announced hikes in their 25 and 50mb/s plans effective by the end of November.

Telstra is pushing its basic plan up by $5 a month, with Foxtel increasing their prices by $10 monthly.

Similarly, a range of Optus plans is set to increase by $6 a month for existing customers.

Internet prices of lower speed plans are set to increase by the end of November. Image source: rawpixel.com on Freepix.

These changes come in the wake of the National Broadband Network’s (NBN) new pricing agreement, which is set to be implemented from 1st December of this year.

The Australian Competition and Consumer Commission (ACCC) has given the agreement the all-clear.

While the cuts in prices will affect the 15, 25mb/s and 1000mb/s plans, those subscribed to the 50mb/s and lower speeds are still subject to a service cost referred to as CVC, this charge, which is being removed for high-speed plans, will be reduced yearly until it is removed completely by July 1, 2026.

Phillip Britt, Aussie Broadband’s Managing Director, has pinned this cost as the reason behind their looming price increase, saying, 'By not only continuing to charge CVC, but doing so on an individual basis, the NBN has effectively forced our hand to raise prices for the majority of our broadband customers—and at a time of heightened financial uncertainty.'

'Regardless of the reasons, we know this will hurt for some customers, and we are here to help.'

'Our customer service teams are ready to support our customers and find solutions to keep Aussies connected through financial hardship as best we can.'

However, both Telstra and Aussie Broadband will also be slashing prices on some plans.

Plans from Aussie Broadband at speed plans of 100mb/s and upwards will decrease. As for Telstra, the changes will come into effect starting Wednesday.

The telco has linked their price changes to factors such as lower profit margins on home internet plans, saying: 'We believe now is the right time for us to look at our plans and make some changes which respond to this and improve the economics of our fixed business'.

'Our Basic and Essential plans will increase by $5 a month as well as our Business Essential plan.'

Despite the increasing charges, Telstra empathises with their customers’ financial predicaments saying they have 'taken steps to protect concession and low-income customers' by keeping their Voice plan $10 concession credit and their $65 starter internet plan for vulnerable customers.

Moreover, Telstra’s Superfast plan will be down $5, and their Ultrafast plan will drop by $10.

On the other hand, Optus claimed they review their prices annually.

'Over the last three years, we've seen internet usage surge as more of our customers are working from home, gaming online, and streaming entertainment,' a spokesperson from the telco said.

'Optus is paying more to supply that NBN service, and it is necessary for us to adjust our in-market NBN prices accordingly.'

TPG Telecom, the company that manages both TPG and iiNet, expressed their appreciation for the NBN Co deal.

'However, we should also recognise this new pricing structure allows NBN to link the cost of its services to inflation, which will ultimately have a downstream impact on consumers,' a spokesperson from TPG Telecom said.

'From time to time, we review our pricing and customer offers across our brands with the aim to be competitive. We will always work to keep our customers informed if we make any changes to our pricing.'

Earlier in October, the ACCC stated that they had accepted NBN Co’s proposed variation to the Special Access Undertaking (SAU), which, according to them, includes 'measures designed to protect consumers from sharp price rises, reduce barriers to entry for new retailers and create incentives to fix systemic issues that drive poor NBN consumer experience'.

Basically, the SAU sets the rules for how providers access the broadband network.

'We are satisfied that NBN Co's latest SAU variation proposal promotes the long-term interests of Australians, which is the primary objective of the test that we have to apply,' said Anna Brakey, the ACCC’s Commissioner.

Furthermore, in a statement recently released by NBN Co, they said that wholesale prices had not increased in real terms during the past 10 years, and the recent changes to the calculation of costs would protect Aussies from price shocks down the line.

'NBN Co does not set retail prices; that is a matter for internet retailers,' said the spokesperson.

'However, with customers' data demand effectively doubling every three years or so, the wholesale and retail price of broadband services would likely be a lot more expensive in the future if we did nothing and did not change the structure of our wholesale prices.'

Key Takeaways

• Major Australian telecom companies Telstra, Optus, Foxtel and Aussie Broadband have announced they will be increasing the prices of their home internet services, particularly on their 25 and 50mb/s plans.
  
• This announcement follows the National Broadband Network's (NBN) new pricing agreement, which lowers wholesale prices on all but one data plan, but maintains a service cost known as CVC for speed tiers of 50mb/s and below.
  
• The pricing changes are set to come into effect by the end of November, with some plans increasing by up to $10 a month.
  
• However, some high-speed plans will see a price reduction, and Telstra has made provisions for concession and low-income customers to maintain affordable rates.
  

Members, what are your thoughts on this latest news? Let us know in the comments below!

 

[Observer]

Similarly, a range of Optus plans is set to increase by $6 a month for existing customers.?????
They already did a couple of months ago without notification.

 

[Veggiepatch]

After initial setup costs, internet costs bugger all to run.

Will we see the demise of free internet in places such as educational institutions, libraries, shopping centres and some public transport?
How much does the internet REALLY cost to run? Nowhere near what the general public is charged.

 

[GranniCaz]

With the constant evolution of technology, the good old days of reasonable internet bills seem to be ebbing away.

Now, millions are about to get a nasty surprise on their next bills as major telcos are set to increase their prices on certain home internet plans.

In the wave of this price surge, Telstra, Optus, Foxtel, and Aussie Broadband are amongst the telco companies that have announced hikes in their 25 and 50mb/s plans effective by the end of November.

Telstra is pushing its basic plan up by $5 a month, with Foxtel increasing their prices by $10 monthly.

Similarly, a range of Optus plans is set to increase by $6 a month for existing customers.

View attachment 33366

Internet prices of lower speed plans are set to increase by the end of November. Image source: rawpixel.com on Freepix.

These changes come in the wake of the National Broadband Network’s (NBN) new pricing agreement, which is set to be implemented from 1st December of this year.

The Australian Competition and Consumer Commission (ACCC) has given the agreement the all-clear.

While the cuts in prices will affect the 15, 25mb/s and 1000mb/s plans, those subscribed to the 50mb/s and lower speeds are still subject to a service cost referred to as CVC, this charge, which is being removed for high-speed plans, will be reduced yearly until it is removed completely by July 1, 2026.

Phillip Britt, Aussie Broadband’s Managing Director, has pinned this cost as the reason behind their looming price increase, saying, 'By not only continuing to charge CVC, but doing so on an individual basis, the NBN has effectively forced our hand to raise prices for the majority of our broadband customers—and at a time of heightened financial uncertainty.'

'Regardless of the reasons, we know this will hurt for some customers, and we are here to help.'

'Our customer service teams are ready to support our customers and find solutions to keep Aussies connected through financial hardship as best we can.'

However, both Telstra and Aussie Broadband will also be slashing prices on some plans.

Plans from Aussie Broadband at speed plans of 100mb/s and upwards will decrease. As for Telstra, the changes will come into effect starting Wednesday.

The telco has linked their price changes to factors such as lower profit margins on home internet plans, saying: 'We believe now is the right time for us to look at our plans and make some changes which respond to this and improve the economics of our fixed business'.

'Our Basic and Essential plans will increase by $5 a month as well as our Business Essential plan.'

Despite the increasing charges, Telstra empathises with their customers’ financial predicaments saying they have 'taken steps to protect concession and low-income customers' by keeping their Voice plan $10 concession credit and their $65 starter internet plan for vulnerable customers.

Moreover, Telstra’s Superfast plan will be down $5, and their Ultrafast plan will drop by $10.

On the other hand, Optus claimed they review their prices annually.

'Over the last three years, we've seen internet usage surge as more of our customers are working from home, gaming online, and streaming entertainment,' a spokesperson from the telco said.

'Optus is paying more to supply that NBN service, and it is necessary for us to adjust our in-market NBN prices accordingly.'

TPG Telecom, the company that manages both TPG and iiNet, expressed their appreciation for the NBN Co deal.

'However, we should also recognise this new pricing structure allows NBN to link the cost of its services to inflation, which will ultimately have a downstream impact on consumers,' a spokesperson from TPG Telecom said.

'From time to time, we review our pricing and customer offers across our brands with the aim to be competitive. We will always work to keep our customers informed if we make any changes to our pricing.'

Earlier in October, the ACCC stated that they had accepted NBN Co’s proposed variation to the Special Access Undertaking (SAU), which, according to them, includes 'measures designed to protect consumers from sharp price rises, reduce barriers to entry for new retailers and create incentives to fix systemic issues that drive poor NBN consumer experience'.

Basically, the SAU sets the rules for how providers access the broadband network.

'We are satisfied that NBN Co's latest SAU variation proposal promotes the long-term interests of Australians, which is the primary objective of the test that we have to apply,' said Anna Brakey, the ACCC’s Commissioner.

Furthermore, in a statement recently released by NBN Co, they said that wholesale prices had not increased in real terms during the past 10 years, and the recent changes to the calculation of costs would protect Aussies from price shocks down the line.

'NBN Co does not set retail prices; that is a matter for internet retailers,' said the spokesperson.

'However, with customers' data demand effectively doubling every three years or so, the wholesale and retail price of broadband services would likely be a lot more expensive in the future if we did nothing and did not change the structure of our wholesale prices.'

Key Takeaways

• Major Australian telecom companies Telstra, Optus, Foxtel and Aussie Broadband have announced they will be increasing the prices of their home internet services, particularly on their 25 and 50mb/s plans.
• This announcement follows the National Broadband Network's (NBN) new pricing agreement, which lowers wholesale prices on all but one data plan, but maintains a service cost known as CVC for speed tiers of 50mb/s and below.
• The pricing changes are set to come into effect by the end of November, with some plans increasing by up to $10 a month.
• However, some high-speed plans will see a price reduction, and Telstra has made provisions for concession and low-income customers to maintain affordable rates.

Members, what are your thoughts on this latest news? Let us know in the comments below!

Telstra are increasingly increasing their prices; HOWEVER their service/coverage are decreasing!?!?
Complaint and response:
1. There does not appear to be an interruption in your area.
* FACT: So extreme that eftpos transactions are failing small businesses
2. We have not had any other complaints
*FACT: Social media states otherwise
3. The towers in you area are not coping; to be updated in December !
*Fact: Only time will tell. Meanwhile we pay increased fees for decreased service?
WHERE IS THE REGULATOR ON THIS??

 

[June E]

Cost of living is in crisis for so many right now and the big greedy companies choose this time to raise their prices! Banks want to abolish cash and internet providers will be celebrating if that happens, they will be able to charge what they like because everyone will need the internet for banking. They are closing so many banks now in preparation for that.

 

[Penny4]

We had Telstra's fast speed internet for which we paid extra. However, they canned it last year for us.
Will have to check out their website!

 

[Glo72]

I received an email informing me that my internet was going to cost me an extra $6 a month. I knew a month in advance that it was increasing.

 

[AlanQ]

After initial setup costs, internet costs bugger all to run.

Will we see the demise of free internet in places such as educational institutions, libraries, shopping centres and some public transport?
How much does the internet REALLY cost to run? Nowhere near what the general public is charged.

You really think it cost nothing to maintain? The amount of power it uses so people can watch idiots on tik tok or youtube is massive. Then you have bitcoin mining that has 1000's of CPUs running 24/7 to mine for cryptocurrency. A single transaction of bitcoin has the same carbon footprint as 680,000 Visa transactions or 51,210 hours of watching YouTube, according to the site. Everyday there are more 'cloud' storage facilities opening around the world and those facilities are very power hungry, chewing up power to save all those emails that are never deleted or those cat videos etc that still use power to retain on a server, which is what the internet runs on. Put a power monitor on your own computer and see what power it uses, most are vampire power users, sitting idle but when they are computing they use power as does a server that is running the NBN.

 

[DasherD]

With the constant evolution of technology, the good old days of reasonable internet bills seem to be ebbing away.

Now, millions are about to get a nasty surprise on their next bills as major telcos are set to increase their prices on certain home internet plans.

In the wave of this price surge, Telstra, Optus, Foxtel, and Aussie Broadband are amongst the telco companies that have announced hikes in their 25 and 50mb/s plans effective by the end of November.

Telstra is pushing its basic plan up by $5 a month, with Foxtel increasing their prices by $10 monthly.

Similarly, a range of Optus plans is set to increase by $6 a month for existing customers.

View attachment 33366

Internet prices of lower speed plans are set to increase by the end of November. Image source: rawpixel.com on Freepix.

These changes come in the wake of the National Broadband Network’s (NBN) new pricing agreement, which is set to be implemented from 1st December of this year.

The Australian Competition and Consumer Commission (ACCC) has given the agreement the all-clear.

While the cuts in prices will affect the 15, 25mb/s and 1000mb/s plans, those subscribed to the 50mb/s and lower speeds are still subject to a service cost referred to as CVC, this charge, which is being removed for high-speed plans, will be reduced yearly until it is removed completely by July 1, 2026.

Phillip Britt, Aussie Broadband’s Managing Director, has pinned this cost as the reason behind their looming price increase, saying, 'By not only continuing to charge CVC, but doing so on an individual basis, the NBN has effectively forced our hand to raise prices for the majority of our broadband customers—and at a time of heightened financial uncertainty.'

'Regardless of the reasons, we know this will hurt for some customers, and we are here to help.'

'Our customer service teams are ready to support our customers and find solutions to keep Aussies connected through financial hardship as best we can.'

However, both Telstra and Aussie Broadband will also be slashing prices on some plans.

Plans from Aussie Broadband at speed plans of 100mb/s and upwards will decrease. As for Telstra, the changes will come into effect starting Wednesday.

The telco has linked their price changes to factors such as lower profit margins on home internet plans, saying: 'We believe now is the right time for us to look at our plans and make some changes which respond to this and improve the economics of our fixed business'.

'Our Basic and Essential plans will increase by $5 a month as well as our Business Essential plan.'

Despite the increasing charges, Telstra empathises with their customers’ financial predicaments saying they have 'taken steps to protect concession and low-income customers' by keeping their Voice plan $10 concession credit and their $65 starter internet plan for vulnerable customers.

Moreover, Telstra’s Superfast plan will be down $5, and their Ultrafast plan will drop by $10.

On the other hand, Optus claimed they review their prices annually.

'Over the last three years, we've seen internet usage surge as more of our customers are working from home, gaming online, and streaming entertainment,' a spokesperson from the telco said.

'Optus is paying more to supply that NBN service, and it is necessary for us to adjust our in-market NBN prices accordingly.'

TPG Telecom, the company that manages both TPG and iiNet, expressed their appreciation for the NBN Co deal.

'However, we should also recognise this new pricing structure allows NBN to link the cost of its services to inflation, which will ultimately have a downstream impact on consumers,' a spokesperson from TPG Telecom said.

'From time to time, we review our pricing and customer offers across our brands with the aim to be competitive. We will always work to keep our customers informed if we make any changes to our pricing.'

Earlier in October, the ACCC stated that they had accepted NBN Co’s proposed variation to the Special Access Undertaking (SAU), which, according to them, includes 'measures designed to protect consumers from sharp price rises, reduce barriers to entry for new retailers and create incentives to fix systemic issues that drive poor NBN consumer experience'.

Basically, the SAU sets the rules for how providers access the broadband network.

'We are satisfied that NBN Co's latest SAU variation proposal promotes the long-term interests of Australians, which is the primary objective of the test that we have to apply,' said Anna Brakey, the ACCC’s Commissioner.

Furthermore, in a statement recently released by NBN Co, they said that wholesale prices had not increased in real terms during the past 10 years, and the recent changes to the calculation of costs would protect Aussies from price shocks down the line.

'NBN Co does not set retail prices; that is a matter for internet retailers,' said the spokesperson.

'However, with customers' data demand effectively doubling every three years or so, the wholesale and retail price of broadband services would likely be a lot more expensive in the future if we did nothing and did not change the structure of our wholesale prices.'

Key Takeaways

• Major Australian telecom companies Telstra, Optus, Foxtel and Aussie Broadband have announced they will be increasing the prices of their home internet services, particularly on their 25 and 50mb/s plans.
• This announcement follows the National Broadband Network's (NBN) new pricing agreement, which lowers wholesale prices on all but one data plan, but maintains a service cost known as CVC for speed tiers of 50mb/s and below.
• The pricing changes are set to come into effect by the end of November, with some plans increasing by up to $10 a month.
• However, some high-speed plans will see a price reduction, and Telstra has made provisions for concession and low-income customers to maintain affordable rates.

Members, what are your thoughts on this latest news? Let us know in the comments below!

This is all and good for the telcos. But what about the households that cannot have access to match the service speed of 50Mbps? NBN have been in regional areas improving the speeds and yet have not been able to supply at least 50Mbps. The ACCC and TIO need to get together and develop measusres to protect these households.

 

[David567]

Well everything else is going up. I'm sure there are lots of other things will be going up very soon. This happens everytime the power goes up so I blame the power companies greed for all price rises.

 

[Aitchtee]

Thanks for the heads up. Foxtel is going from my house, it’s now a crappy and expensive service and due to get more expensive and no doubt crappier

 

[Tygie]

With the constant evolution of technology, the good old days of reasonable internet bills seem to be ebbing away.

Now, millions are about to get a nasty surprise on their next bills as major telcos are set to increase their prices on certain home internet plans.

In the wave of this price surge, Telstra, Optus, Foxtel, and Aussie Broadband are amongst the telco companies that have announced hikes in their 25 and 50mb/s plans effective by the end of November.

Telstra is pushing its basic plan up by $5 a month, with Foxtel increasing their prices by $10 monthly.

Similarly, a range of Optus plans is set to increase by $6 a month for existing customers.

View attachment 33366

Internet prices of lower speed plans are set to increase by the end of November. Image source: rawpixel.com on Freepix.

These changes come in the wake of the National Broadband Network’s (NBN) new pricing agreement, which is set to be implemented from 1st December of this year.

The Australian Competition and Consumer Commission (ACCC) has given the agreement the all-clear.

While the cuts in prices will affect the 15, 25mb/s and 1000mb/s plans, those subscribed to the 50mb/s and lower speeds are still subject to a service cost referred to as CVC, this charge, which is being removed for high-speed plans, will be reduced yearly until it is removed completely by July 1, 2026.

Phillip Britt, Aussie Broadband’s Managing Director, has pinned this cost as the reason behind their looming price increase, saying, 'By not only continuing to charge CVC, but doing so on an individual basis, the NBN has effectively forced our hand to raise prices for the majority of our broadband customers—and at a time of heightened financial uncertainty.'

'Regardless of the reasons, we know this will hurt for some customers, and we are here to help.'

'Our customer service teams are ready to support our customers and find solutions to keep Aussies connected through financial hardship as best we can.'

However, both Telstra and Aussie Broadband will also be slashing prices on some plans.

Plans from Aussie Broadband at speed plans of 100mb/s and upwards will decrease. As for Telstra, the changes will come into effect starting Wednesday.

The telco has linked their price changes to factors such as lower profit margins on home internet plans, saying: 'We believe now is the right time for us to look at our plans and make some changes which respond to this and improve the economics of our fixed business'.

'Our Basic and Essential plans will increase by $5 a month as well as our Business Essential plan.'

Despite the increasing charges, Telstra empathises with their customers’ financial predicaments saying they have 'taken steps to protect concession and low-income customers' by keeping their Voice plan $10 concession credit and their $65 starter internet plan for vulnerable customers.

Moreover, Telstra’s Superfast plan will be down $5, and their Ultrafast plan will drop by $10.

On the other hand, Optus claimed they review their prices annually.

'Over the last three years, we've seen internet usage surge as more of our customers are working from home, gaming online, and streaming entertainment,' a spokesperson from the telco said.

'Optus is paying more to supply that NBN service, and it is necessary for us to adjust our in-market NBN prices accordingly.'

TPG Telecom, the company that manages both TPG and iiNet, expressed their appreciation for the NBN Co deal.

'However, we should also recognise this new pricing structure allows NBN to link the cost of its services to inflation, which will ultimately have a downstream impact on consumers,' a spokesperson from TPG Telecom said.

'From time to time, we review our pricing and customer offers across our brands with the aim to be competitive. We will always work to keep our customers informed if we make any changes to our pricing.'

Earlier in October, the ACCC stated that they had accepted NBN Co’s proposed variation to the Special Access Undertaking (SAU), which, according to them, includes 'measures designed to protect consumers from sharp price rises, reduce barriers to entry for new retailers and create incentives to fix systemic issues that drive poor NBN consumer experience'.

Basically, the SAU sets the rules for how providers access the broadband network.

'We are satisfied that NBN Co's latest SAU variation proposal promotes the long-term interests of Australians, which is the primary objective of the test that we have to apply,' said Anna Brakey, the ACCC’s Commissioner.

Furthermore, in a statement recently released by NBN Co, they said that wholesale prices had not increased in real terms during the past 10 years, and the recent changes to the calculation of costs would protect Aussies from price shocks down the line.

'NBN Co does not set retail prices; that is a matter for internet retailers,' said the spokesperson.

'However, with customers' data demand effectively doubling every three years or so, the wholesale and retail price of broadband services would likely be a lot more expensive in the future if we did nothing and did not change the structure of our wholesale prices.'

Key Takeaways

• Major Australian telecom companies Telstra, Optus, Foxtel and Aussie Broadband have announced they will be increasing the prices of their home internet services, particularly on their 25 and 50mb/s plans.
• This announcement follows the National Broadband Network's (NBN) new pricing agreement, which lowers wholesale prices on all but one data plan, but maintains a service cost known as CVC for speed tiers of 50mb/s and below.
• The pricing changes are set to come into effect by the end of November, with some plans increasing by up to $10 a month.
• However, some high-speed plans will see a price reduction, and Telstra has made provisions for concession and low-income customers to maintain affordable rates.

Members, what are your thoughts on this latest news? Let us know in the comments below!

Well, I'm NOT with Telstra (who would wanna be with those ripoff @$$wipes - had nothing but TROUBLE when i was with them) but early this month 'bout a week before it hit the news the telco i am with sent a email saying it was going up $5 more due to costs inflicted by the NBN to them. They also suggested i get on a cheaper plan if possible - but where i am i am on exactly what i need to run what i have to so going lower would not work for me - it's a $h%thole area, so nothing i can do about it (so bad can't even get radio reception here on a radio), so i guess now i know the real reason it is going up.