Is your broadband bill about to increase? Don't throw money away.
Spark have recently announced a price increase of $3 - $5 a month for new and existing broadband customers and other providers seem likely to follow suit.
Information collated by our research team has found that tens of thousands of Kiwis are still missing out on hundreds of dollars of savings each year on their broadband bill, because they are failing to shop around for cheaper broadband plans.
We estimate that over 500,000 households would be able to pay less for their broadband each month but many consumers are unaware of the fact that they could be making these savings and people often don’t know where to start when looking for a change in broadband plan or provider.
This is where NZ Compare can help. Our websites are simple to use and if you need more help, our friendly, Auckland based, customer support centre can advise on the most suitable broadband plan for your needs and help talk you through the switch. With unlimited fibre broadband plans available for less than $60 a month why would you pay more?
Find out more at NZ Compare or call the team on 0508 226672
CORRECTION: This post has been amended to clarify that the price of fibre and copper broadband internet services will increase, and that the increase is between $3 and $5 a month, not only $5 a month on fibre broadband plans as previously posted. (Amended at 10.31am, June 23, 2022)
Christmas Eve busiest shopping day of the year with more than 500,000 sales
Busiest shopping day of the year
Peak time 12 noon-1 pm - 563,303 transactions
Per second peak - 167 transactions
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Number of sales beats Black Friday, but lowest Christmas Eve in six years
Christmas Eve has been the busiest shopping day of the year with 9,745 sales a minute at its peak.
Payments company Worldline says noon to 1pm saw 563,303 sales recorded on its network, down by about 7 percent on a year ago.
The company's network covers about three-quarters of the electronic terminals in operation.
Worldline did not have a dollar value for spending, but the peak number of transactions was the lowest for the past six years and well shy of the record 679,436 in 2019, before the pandemic.
Earlier this month it noted rising sales in the first three weeks of the month, but they remained 1.3 percent lower than 2024, with most parts of the country trailing the previous year's spending.
Official data from Stats NZ to the end of November showed a small rise in spending on the previous month, to 1.6 percent higher for the year.
Retail spending has been subdued as households have remained cautious because of high prices and a slow benefit from lower interest rates, and as well as concerns about the soft labour market.
However, recent surveys have shown improving consumer sentiment with ANZ bank's monthly report showing confidence at its highest level in four years.
Boxing Day is traditionally the country's favourite shopping day, but with Black Friday spending also softer this year the amount going through retailers' terminals may also be down on a year ago.
Adding a dampener to consumer spending may be the recent rises in longer term fixed mortgage rates because of higher wholesale rates.
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Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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