The price you pay for Netflix in Australia is set to rise from today.
If you’re on the basic plan then your payments will go from $9.99 to $10.99 a month, while the standard plan will jump from $13.99 to $15.99 a month.
Those on the premium plan won’t have to fork out any extra cash and will still pay $19.99.
It’s the first time the cost of the streaming service has risen since 2017 after Netflix had to adjust to the Aussie government’s tax changes.
People with exisiting accounts will see the price rise gradually over the next few months as it’s rolled out to individual users. Those who are signing up from today will have to pay the new prices.
Credit: PA
A Netflix spokesperson said: “We know Australians have never had more choices when it comes to entertainment, and we’re more committed than ever to delivering an experience that exceeds their expectations.
“Members tell us how much they value the breadth and variety of the catalogue, and we’re updating our prices so that we can continue to invest in more shows and films.
“As always, there will be different plans so that people can pick a price that works for their budget.”
The basic plan allows a person to have one simultaneous stream which will be delivered in standard definition picture quality only. The standard plan upgrades it to high definition and permits two devices to download content on.
When you fork out the big bucks for a premium plan it will allow four devices and ultra high definition quality. Perfect for watching Sir David Attenborough’s documentaries.
The additional squeeze on your wallet each month could some users to question what streaming services they want to pay for.
There’s no denying that we are living in a time where we are blessed with options. But that time also requires you to make some pretty big decisions and sacrifices.
You’ve got the opportunity to subscribe to Apple’s streaming service, as well as Stan, Hulu, Foxtel, Binge, Amazon Prime, Disney+ and others. It’s up to you to make the ultimate choice of one, two, three or hell, the whole lot.
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