The Goldilocks rule: why NBN 50 plans are just right
Choosing an NBN plan can seem like a minefield of jargon.. We all want NBN that works well but doesn't cost a fortune each month. Happily, like Goldilocks found when she pilfered porridge, there is a sweet spot and it tends to be right in the middle.
Firstly, a bit of jargon-busting. NBN plans are divided by numbered speed tiers, and these speeds are measured in Megabits per second (Mbps). The options from slowest to fastest are NBN 12, NBN 25, NBN 50 and NBN 100, and plan pricing follows; where NBN 12 plans are cheapest and NBN 100 plans are the most expensive.
Megabits per second is a pretty useless measurement for most of us, but as a point of reference, current ADSL2 services deliver speeds of around 5 to 10Mbps, meaning the slowest NBN plan isn't much faster, but NBN 50 and 100 are a huge improvement.
From recent comments made by NBN Co, the team is aware that one of the major reasons people are dissatisfied with the NBN is that a whopping 80 percent of NBN customers so far have chosen one of the slowest plans. To address this, NBN Co reduced the wholesale price of the faster plans in December, and we're finally seeing these discounts trickling down to the prices offered by the service providers.
Now, for just $10 per month, you can step up from the slowest option to a service that is over four-times as fast. This is a big bump in performance for a small bump in price.
With an NBN 50 plan you'll find the internet loads faster and runs smoother. YouTube videos will begins instantly and your Facebook feed will update without interruption. You'll be able to download large files attached to emails, and more importantly, you'll be able to share files, like a bunch of photos, much faster as well.
Faster NBN speeds really come into their own when you have multiple people using the internet at the same time. If you have kids and grandkids who often hog the internet, you'll find there is plenty to go around on an NBN 50 plan.
The NBN is still a year away in my neighbourhood, but I know which plans I'll be looking at when it arrives. I'll find the cheapest and the fastest, then look for somewhere between the two.
Joseph Hanlon is the publisher at Australia's most comprehensive telco comparison site WhistleOut