Cost of living pressures in the past few years have made everything more expensive, including groceries, petrol and, of course, everyday utilities like home broadband. And it's never been more true for the latter, with new research revealing that Aussies are overspending on their NBN plans.
ACCAN's Cost of Connectivity report calls for more affordable broadband, as findings show that almost a third of households spend over 5% of their income on a standard internet bundle, and almost half spend between 2-5% of their income on internet connectivity. ABS data shows the average Aussie salary is around AU$1,975.80 per week, which means some Aussies are forking out at least AU$98.79 (or more) on their monthly internet bill.
Out of the surveyed participants, the average household internet cost was AU$84p/m, which again, is rather exorbitant. To put this into perspective, AU$84p/m costs the same as the average NBN 50 plan, which is great for smaller households of up to 4 users, but not so much for the average family with multiple internet-connected devices.
Further, ACCAN's report found that some 14% of home internet consumers would accept slower download speeds to reduce their bills. This said, NBN Co has indicated that, by 2030, the average Australian household will have at least 40 internet-connected devices – so slower speeds than those currently offered through the NBN may not be viable in the future.
Finding the best NBN deals is my bread and butter, so I know better than most that it pays to shop around for a bangin' bargain on your internet bill — and I refuse to accept that you couldn't get better value on your NBN connection. There are plenty of great cheap NBN plans out there that don't compromise on speeds and service, and offer an insanely attractive price tag.
I've gathered three of my top-rated plans below, all costing under the AU$84p/m average, and overdeliver when it comes to speeds, service and savings. I am no magician, but when it comes to analysing NBN prices, I do have a few tricks up my sleeve. So to add some extra sparkle to the plans I've selected below, all offerings average less than AU$84p/m for the first year, even when the introductory discounts end. That's a huge win in my books.
So without further ado, let the savings begin!
