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You're about to start paying more for Netflix, soz about it

Find out how much more expensive it’ll be.

By Jessica Chandra
Archie Riverdale

Even when we’re ~broke~, the one thing we can always justify is paying for our Netflix accounts. What else gives us hours and hours of entertainment? (Even if it judges us for bingeing too many episodes in one go…)

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Well, brace yourself, because paying for Netflix is about to start costing you more.

The streaming service is hiking up its prices, starting from today.

  • The basic plan will go up from $8.99 a month to $9.99 a month — the increase is 11%.
  • The standard plan will go up from $11.99 a month to $13.99 a month — the increase is 16%.
  • The premium plan will go up from $14.99 a month to $17.99 a month — the increase is 20%.

It’s the first time Netflix prices have changed since the product launched in Australia in 2015, and it’s because the government has decided to add GST to digital purchases made overseas, which comes into effect on Sunday.

“From time to time, Netflix plans and pricing are adjusted as we add more exclusive TV shows and movies, introduce new product features and improve the overall Netflix experience,” a Netflix spokesperson said. “In light of the upcoming GST increase, we will be rolling out updated plans and pricing.”

If you already have a Netflix account, you’ll be given a 30-day warning before the price increase from tomorrow, but if you start a new one, you’ll have to pay the new prices right away.

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OK, OK, it’s not that bad. Sure, if you’re on the standard plan, it means you’ll be paying $24 extra a year, but can you put a price on endless entertainment?

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We’ll come back to this question depending on what else becomes more expensive…