Recent reports suggest that Netflix is gearing up for another price adjustment to its subscription fees in the near future. Sources have indicated that the streaming service is contemplating raising the price of its ad-free service once the dust settles on the SAG-AFTRA strike.
At present in Australia, Netflix’s standard membership with 720p streaming, which offers an ad-free experience, comes in at $10.99 per month. For those seeking HD streaming of 1080p will cost $16.99 per month and $22.99 per month gets you the best possible plan with 4K streaming and increased simultaneous stream capability.
When is Netflix likely to increase their price?
This pricing structure has seen updates in the past, notably in October 2017, January 2019, October 2020, and as recently as January 2022. Given this history, a price change in October 2023 could be expected from the streaming giant.
How much will Netflix increase their cost?
The specifics of the potential increase remain undisclosed, and Netflix has yet to make any official statements. However, past trends show that changes to the standard membership fee have typically ranged between $1 and $2. So while it won’t break the bank, it will still come as an unwanted welcome.
Current Netflix prices in Australia
Here’s what you’ll get with each Netflix Australia tier, and what you’ll pay per month.
|Basic with Ads||Basic||Standard||Premium|
|Price per month||$6.99||$10.99||$16.99||$22.99|
|Resolution||1080p||720p||1080p||Up to 4K + HDR|
|Offline download devices||0||1||2||4|