NBN Wholesale Prices Fixed For Five Years

NBN Wholesale Prices Fixed For Five Years

If you were worried about signing up for the NBN and then watching the price go up exponentially, lay your fears aside. NBN Co has announced that it is fixing its wholesale price for five years, before raising them at half the rate of inflation after that.

The wholesale rate will be frozen at $24 until at least July 2017, and will then only increase at one or two per cent each year, depending on the inflation rate.

The catch is that NBN Co can’t guarantee that the retailers won’t increase prices during the same period, although given the competitiveness of the broadband industry, it’s unlikely it will increase much faster than the wholesale rate.

Still, it’s yet another argument to add to your arsenal when arguing the NBN with naysayers.