Tangerine, More Telecom reveal new NBN prices. Are they still cheap?
Their 14-day free trial has also been axed, but the good news is CommBank customers can still win big with 3 months of free NBN.
Tangerine and More Telecom join a growing list of providers to announce price changes to their internet plans.
This comes ahead of NBN's new pricing framework which kicks in 1 December 2023. The short version of the story is that NBN wants faster internet speeds to go down in price but as a result, lower speed tiers will become more expensive.
Here's a look at the new pricing from both Tangerine and More. Just keep in mind that both providers have now stopped offering a 14-day free trial.
Tangerine NBN price changes
There's now a $5 to $10 difference in monthly costs across Tangerine NBN plans.
| Plan | Old monthly price | New monthly price | Price difference | |
|---|---|---|---|---|
| NBN 25 | $59.90 | $64.90 | $5 increase | |
| NBN 50 | $69.90 | $79.90 | $10 increase | |
| NBN 100 | $89.90 | $84.90 | $5 decrease | |
| NBN 250 | $109.90 | $104.90 | $5 decrease | |
| NBN 1000 | $129.90 | $124.90 | $5 decrease |
Tangerine's also known to offer some juicy discounts for the first 6 months. Now these are still going to be around, but here's where things get interesting.
The discounts on NBN 25 and NBN 50 plans have improved by $5 a month, but they've been reduced for the faster speed tiers by $10 to $12 a month.
More NBN price changes
More's also joining the trend of making lower speed NBN plans more expensive, but faster speeds slightly cheaper to access.
| Plan | Old monthly price | New monthly price | Price difference | |
|---|---|---|---|---|
| NBN 25 | $66.00 | $72.00 | $6 increase | |
| NBN 50 | $77.00 | $88.00 | $11 increase | |
| NBN 100/20 | $99.00 | $94.00 | $5 decrease | |
| NBN 100/40 | $109.00 | $99.00 | $10 decrease | |
| NBN 250 | $119.00 | $115.00 | $4 decrease | |
| NBN 1000 | $144.00 | $135.00 | $9 decrease |
If you're a CommBank customer and new to More, you'll be able to get 3 months free as long as you sign up by 31 August 2024.
Who else has announced price movements on their NBN plans?
We last reported that Aussie Broadband, and then right before that Telstra, were among the bigger NBN providers to announce changes.
Telstra's new pricing kicks in 1 November 2023. Aussie Broadband will make changes on 21 November 2023.
- Optus has already increased the pricing of its NBN 25 and NBN 50 plans for new customers by $1 and $6 a month respectively
- Belong has moved up the price of its NBN 50 plans by $5 a month
- Foxtel's NBN 50 plan has gone up by $10 a month
- MATE increased prices by $6-$11 across all its NBN plans, except for its new entry level plan
We expect other providers to follow suit. Interestingly there's been no announcements from TPG just yet. When asked for a comment, a spokesperson told Finder:
"We are pleased to finally have certainty on NBN's wholesale pricing structure. 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."
"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."
NBN 50 vs NBN 100
These are 2 of the more popular NBN speed tiers on Finder.
NBN 50 was popular among 62% of Aussies, but in the ACCC's most recent NBN Wholesale Market Indicator Report, the figure has gone down to 44.2%. At the same time, NBN 100 reached nearly 450,000 extra subscribers.
Here's a look at how much NBN 50 and NBN 100 plans now cost per month from the major providers that have already changed their pricing or are about to.
| Provider | NBN 50 | NBN 100/20 | Price difference |
|---|---|---|---|
| More | $88 | $94 | $6 |
| Tangerine | $79.90 | $84.90 | $5 |
| Aussie Broadband | $85.00 | $95.00 | $10 |
| Optus | $85 | $99 | $14 |
| Telstra | $100 | $110 | $10 |
| Belong | $80 | $90 | $10 |
Before the price changes, the average price difference between an unlimited data NBN 50 and NBN 100 plan on Finder has roughly been $19 a month (without any promos).
Just from the table, you can see the difference is getting smaller. This can be a good thing for people who want faster speeds.
The key thing to remember is what we considered cheap before is no longer applicable with the cost of just about everything going up.
The good thing is that smaller providers like More and Tangerine are still some of the more cost-friendly alternatives to the bigger brands.
Make sure to compare NBN plans and look out for a deal if your provider's announced your plan prices are going up.