Netflix is raising its prices across two of its three subscription plans.
Basic: $10.99 (no change)
Standard: $16.99 (up $1)
Premium: $22.99 (up $3)
Prices for the Standard plan last increased from $13.99 to $15.99 in September 2020
News.com.au notes Netflix’s changes will be rolled out from November 11 for new customers but it won’t apply to existing members until their next billing date after November 18.
A Netflix spokesperson said, “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.
“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.
“As always, there’ll be different plans so that people can pick a price that works for their budget.”
Netflix said it will give members 30 days notice by email and notification.
By comparison Disney+ is $11.99 a month, Binge is $14 a month for its standard plan, Amazon Prime Video is $6.99 a month, Stan is $14 month for its standard plan, Paramount+ is $8.99 a month and Apple TV+ is $7.99 a month.