Netflix hikes up its prices – here’s how much the streaming service will cost you now

Netflix hikes up its prices for two popular streaming plans in Australia

The basic plan, for one device, jumped by $1 from $9.99 to $10.99 on Thursday
Standard plan has risen from $13.99 to $15.99 and premium remains at $19.99

Netflix hikes up its prices - here's how much the streaming service will cost you now

Netflix claims it has increased prices in Australia for its two most popular streaming plans so they can ‘invest in more Australian shows and films’ for local viewers.

The basic plan jumped by $1 from $9.99 to $10.99 on Thursday, while the standard plan has risen from $13.99 to $15.99.

The premium plan – which allows streamers to watch in Ultra HD and on four screens at once – will remain at $19.99.

Netflix has increased its prices in Australia for two popular streaming plans (stock image) +3
Netflix has increased its prices in Australia for two popular streaming plans (stock image)

New Netflix members will be subject to the price hike from Thursday, while those with existing accounts will notice the fee change when they pay their next monthly bill.

The basic plan allows users to watch unlimited TV and movies on one device at a time. Members with the standard plan can stream on two devices at a time, with HD available for viewing.

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Netflix said the price increase will give Australians continuous variety on their screens.

‘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,’ a spokesperson said.

‘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.

The basic plan jumped by $1 from $9.99 to $10.99 on Thursday, while the standard plan has risen from $13.99 to $15.99. Pictured: Meghan Markle in Suits +3
The basic plan jumped by $1 from $9.99 to $10.99 on Thursday, while the standard plan has risen from $13.99 to $15.99. Pictured: Meghan Markle in Suits

AUSTRALIA’S MAIN STREAMING SERVICES AND HOW MUCH THEY COST
NETFLIX

 

Netflix hikes up its prices - here's how much the streaming service will cost you now

‘As always, there will be different plans so that people can pick a price that works for their budget.’

The changes come as Netflix continues to compete with a growing number of streaming platforms, including Stan, Apple TV+, Disney+ and Binge.

Stan and Binge both cost $10 for a basic plan and $14 for a standard plan, while Disney+ is $8.99 a month or $89.99 for a year.

Amazon Prime Video is the cheapest option on the market at $6.99 a month or $59 for the year, while Apple TV+ costs $7.99 a month.

Samara Weaving as Claire Wood in TV show ‘Hollywood’ on Netflix +3
Samara Weaving as Claire Wood in TV show ‘Hollywood’ on Netflix

Read more:
www.news.com.au/…
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