NBN Co has announced it intends to raise prices for wholesale broadband next month.
The move comes as part of the company's annual pricing review, with the expected changes in cost said to be in line with the movement of the Consumer Price Index (CPI) over the twelve month period ending December 2024.
In a statement, NBN Co noted that the price increases are "in line with the regulatory framework in NBN’s Special Access Undertaking, which was accepted by the ACCC in October 2023 following two years of consultation, ensuring that our pricing remains fair and transparent."
You can see how the price of wholesale internet in Australia is changing by taking a look at the table below:
As you can see, the biggest price hikes here are coming to faster plans, like NBN 250 and NBN 1000. However, NBN 50 plans aren't far behind either with an increase of $1.61 per month.
The one silver lining to these changes is that NBN Co is also looking to introduce discounts designed to encourage small and medium business.
According to the company, this measure is intended to push those customers to adopt "plans that may better suit their needs compared to a standard residential service."
“With these discounts, effective prices will remain stable from 1 July 2025 and come down from 1 September 2025," it said.
Although NBN Co reiterated that the price customers pay for their broadband is set by their internet retailer, the relationship between these regular increases the price of the average NBN plan is pretty easy to see. When the price that NBN Co charges retailers went up in July last year, it didn't take long for the likes of Telstra, Optus, Aussie Broadband and other providers to adjust their prices accordingly.
NBN's new prices are due to kick in on 1 June 2025, so expect to hear more about the price of your NBN plan from your current internet provider in the weeks ahead.
If that looming price-hike has you worried, the easiest way to secure a better deal is to shop around. Even as the price of NBN goes up, changing your service to a better provider that saves you money is a simple way to keep costs down. If you're not sure where to start your search for a better NBN plan, you can find a snapshot of the most popular NBN 100 providers in the widget below.
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