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Why Netflix is hiking up prices in Australia

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If you’re an Aussie that loves Netflix, expect to pay more for your streaming

Australian Netflix users will be forced to pay more, following a recent price hike.

From Thursday, the standard plan will go up by a dollar while the premium plan will jump $3.

New members who sign up from Thursday will be the first to fork out more, while the update to subscription costs will roll out to existing members in the coming weeks.

The exact timing of the price change will depend on the subscriber’s billing cycle, with all members expected to be on the updated schedule over “the next few months”.

Netflix’s basic plan will remain at its current price of $10.99.

Investing in more content

In a statement, a spokesperson for Netflix stated the rise in subscription prices will be used to invest in more content.

“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,”

the spokesperson said.”

The price for the standard plan changes from $15.99 a month to $16.99 a month.

The price for the premium plan will go up from $19.99 to $22.99 a month.

“Members tell us how much they value the breadth and variety of catalogue, and we’re updating our prices so that we can continue to invest in more shows and films.”

When did Netflix last jack up prices?

The last time Netflix changed subscription prices in Australia was in September last year – when the prices for the platform’s basic and standard plans were raised.

The premium plan has not increased in price for Australian subscribers in two years.

Netflix offers tiered subscription services that restrict — or enhance — the number of screens and devices used at the one time.

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BREAKING: Shots ring out at Trump rally

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Donald Trump was whisked off the stage at a rally in Butler, Pennsylvania after loud noises rang through the crowd.

Trump was showing off a chart of border crossing numbers when bangs started ringing through the crowd. Trump could be seen reaching with his right hand toward his neck. There appeared to be blood on his face.

He quickly ducked behind the riser as agents from his protective detail rushed the stage and screams rang out from the crowd. The bangs continued as agents tended to him on stage.

His motorcade has left the venue.

In a statement, Trump says he is “fine” and says he is being checked at a medical facility.

Donald Trump was safe, the U.S. Secret Service and his campaign said on Saturday after multiple shots rang out at a rally by the Republican presidential candidate in Pennsylvania as video showed Trump grimacing and raising a hand to his right ear.
The former president had just started his speech when gunshots erupted and Trump and other rally attendees hit the deck. Secret Service agents swarmed around him and live video showed blood on the right side of Trump’s face and ear.
 
Trump repeatedly raised his fist in the air, with an American flag visible behind him, as security ushered him away.
“The Secret Service has implemented protective measures and the former president is safe,” a spokesperson for the agency said on X after what it called an incident.
“This is now an active Secret Service investigation and further information will be released when available.”

A map of the site, showing where the alleged gunman was situated compared to Donald Trump.

CNN reported that Trump was injured, but gave no other details. It was not clear how or what injuries he may have sustained.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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