Every year, the cost of almost everything continues to increase. Kiwis are feeling the pinch as housing, groceries, fuel and inflation continue to rise! Everyday items are becoming less and less affordable.
It’s becoming a really tough time for Kiwis but surprisingly there’s one area where prices ARE continuing to fall…broadband and mobile!!
Statistics NZ has provided statistics that show while the costs in most sectors in Aotearoa continue to increase, telecommunication equipment and service prices have consistently decreased year after year!
So, you should be saving on your broadband and mobile bills, right??
If you’re not or you haven’t checked recently- you’re likely overpaying!
Don’t worry though! We’ve got you covered on how you can find out if you’re saving or not!
We’ve even got the inside scope on how to find the best broadband or mobile plan that suits your needs!
The Statistics NZ Consumer Price Index for December 2021, revealed that compared to the same quarter of the previous year, the cost of living has mostly increased. Transport costs by 3.9%, housing by 2.0%, recreation and cultural costs by 2.1% and various other goods and services by 1.7%.
However, telecommunications costs saw a DECREASE! Telecommunication services reduced by 1.5% and telecommunication equipment costs reduced by 8.3%!
So while life in general becomes more expensive for everyone, telecommunications continues to become more and more affordable for all Kiwis. That’s choice as!
But you may be thinking, if everything else is going up in price, why is telecommunications dropping?!
One word: Demand.
“The ongoing pandemic and the situation in Ukraine have conspired to force prices up [for most everyday items], while at the same time the demand for telecommunications continues to rocket,” says Paul Brislen, CEO of Telecommunications Forum NZ.
These last few years have hit our pockets hard for most things thanks to the pandemic and now because of what’s happening in Ukraine. But we’ve also started to use our phones and broadband more than ever before! We’re constantly working and staying connected on the internet and chewing through heaps of data on our broadband and mobile plans.
This increase in demand for mobile and broadband data is reflected in the statistics. Fixed broadband usage increased by a massive 37% from last year and mobile broadband usage increased by 22%!
That’s a crazy increase in demand from Kiwis across the motu! This demand means more competition. Competition means providers have to drop prices and create awesome deals to keep or gain customers. This is great for consumers!
For mobile in particular, there’s never been more choice from prepaid plans for budget customers to family plans and even larger business plans.
“The competitive landscape has delivered a huge range in terms of choice and pricing and as a result we regularly beat the OECD averages for mobile services,” says Brislen.
“The industry has invested $15.7 billion over the past decade to increase the reach and capacity of our networks and during lockdown this has proved invaluable, helping to keep the economy pumping at a time when many countries fell into recession.”
So the result has led to more demand which means a decrease in cost for all things telecommunications- your mobile and broadband plans included!
It’s really fantastic because at the end of the day it’s helping Kiwis out.
“The price customers pay for telecommunications is constantly falling and helping to offset the rises in groceries, fuel, rent and almost every other sector Statistics New Zealand monitors.”
We’re super chuffed to see this fall in pricing for broadband and mobile plans! We love knowing that all Kiwis have the choice to get a great deal that saves them money and meets their broadband and mobile needs!
But are YOU getting a good deal??
Do you know that you can save hundreds of dollars on your broadband and mobile plans? Many plans offer you joining deals where you get months of free data and streaming service subscriptions. Think of how much you can save!
Just imagine how much you could fill your shopping cart or car up with that much money! In today’s world, it’s imperative you save wherever you can.
So how do you check whether you are saving or overspending?
Easy, compare!
If you haven’t thought about your broadband and mobile plan recently, it’s a good idea to take a look and see how much you’re spending.
Once you’ve had a look, you should compare it with what other providers offer- to see if there’s a plan that’s better and saves you money!
Well you’re in luck! Jump on Broadband Compare and you’ll be able to compare plans!!
It’s super simple, all you have to do is head to our website- enter your address and select some filters with your preferences on what you want for your plan and then you’ll see all the plans available to you!
You can then compare each plan side-by-side!
It’s a super simple process that takes you only a few minutes but could save you heaps of money!
Even better, you’ll be able to find the best plan for your needs! You can choose a provider that suits whatever situation you have- whether you’re busy working at home or a light user. There’s even bundle packages for broadband and mobile plans. No matter where you are in the country, there will be a plan that suits your needs!
So jump on Broadband Compare today and start saving!
Alternatively, if you’re not too tech savvy or would just rather chat to a nice human, then give our friendly customer support team a free call on 0508 22 66 72! They’ll sort you out with a plan you love!
So as we all stress out about the price of broccoli and keep watching the fuel prices tick up, just remember that you can save heaps when it comes to your broadband and mobile plan!
