Money Magazine Australia

Best-Value NBN Broadband Plans

GOLD WINNER EXETEL Strong competitio­n between providers has helped push down prices

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The national broadband network (NBN) is a bit like reality TV. Mention it to some people and their eyes roll in disdain but raise the topic with others and you’ll find plenty of diehard fans.

Close to 4.5 million homes and businesses Australia-wide are now connected to the NBN – up from three million in September 2017. The sheer scale of take-up and delivery makes it almost inevitable that there will be some hiccups. In 201718, around 40,000 complaints about the NBN were lodged with the Telecommun­ications Industry Ombudsman (TIO). Happily, complaint levels have fallen in recent months, and this is backed by figures from NBN Co that show improvemen­ts across a number of service areas.

Love it or loathe it, it’s hard to deny that the NBN has been a game changer, especially for the many regional Australian­s who now have access to affordable internet.

With around 170 providers listed on the NBN Co website, consumers are spoilt for choice. And while not every provider is available across all areas, the sheer number of providers in the market is helping to push prices down. It speaks volumes about the highly competitiv­e nature of NBN broadband plans that none of 2018’s winners is represente­d in this year’s top three.

At the top of the leaderboar­d, Exetel’s NBN 50 plan combines free activation and a free wi-fi modem with unlimited data. This deal is available to new residentia­l NBN customers only. With a monthly fee of just $59.99, this plan streaks ahead of the competitio­n, and Exetel claims a typical evening speed of 43Mbps.

The only drawback of Exetel’s plan is that you are committing to a 12-month contract. That said, figures from the consumer group Choice show 46% of us have been with our current internet service provider for five years or more, so chances are the 12-month commitment won’t be an issue for many subscriber­s.

Kogan Internet’s NBN plans were launched in April 2018. The Silver Unlimited plan involves providing your own modem (it’s an additional $69 to purchase a Kogan modem or pick up a cheapie from your local tech store), and Kogan claims evening speeds of 40Mbps.

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