Amaysim might be new to selling internet plans, but it's won me over with this neat NBN 100 deal
When it launched its NBN offerings late last year, however, Amaysim skimped on providing value, with its home internet options costing above average for most speed tiers. And if you asked me at the time of their debut, I wouldn't have recommended Amaysim's NBN plans, but the telco has since introduced fresh introductory rates that have me eating my own words.
Slicing a modest AU$120 off, Amaysim's NBN 100 plan is discounted to just AU$70p/m for the first 6 months, before the price increases to AU$90p/m. Much like the best NBN 100 plans, Amaysim advertises maximum speeds of 100Mbps during the busy evening hours of 7pm to 11pm, and costs AU$23p/m less than the average for the tier — that's around AU$93p/m right now. The plan also comes with unlimited data and works on a no lock-in contract basis.
You'll need to act fast to score this epic Amaysim deal — this AU$20p/m discount will expire on July 20, 2025.
Amaysim | AU$70p/m (for 6 months, then AU$90p/m)
Don't be fooled by this slightly more expensive introductory outlay — Amaysim's 100Mbps plan is a favourable midrange option, as it's still cheaper than the average of AU$93p/m for the tier.
Do note, though, Amaysim only offers NBN services, so you'll need to supply your own modem for this plan.
Total minimum cost: AU$70 | Total cost for first year: AU$960 | Yearly cost after discount: AU$1,080
When comparing pricing to competitors, Amaysim's offer costs the same as Mate's 100Mbps plan (AU$60p/m for 6 months, then AU$90p/m) in the long run, once the introductory price ends. However, you could pay as little as AU$80 per month if you bundle an Amaysim mobile plan with your NBN, reducing your ongoing bill by another AU$120. This would bring your ongoing yearly costs to just AU$960 — a.k.a. the cheapest ongoing rate for any NBN 100 plan. Amaysim's postpaid plans start from AU$10p/m for 15GB data.
One thing of note is that Amaysim exclusively provides NBN services, so routers are strictly BYO, which isn't great if you're looking for an all-in-one NBN and modem package. But, if you've already got an NBN service (which you most likely do), then there's a very good chance that the modem you already have will work with this Amaysim plan. Alternatively, I do recommend this Amazon eero6+ router for AU$249.99 if you want to invest in something new.
And, Amaysim does provide new customers with a satisfaction guarantee, where if you're unhappy with the service within the first 30 days, the telco will refund you for the month. So if you're keen on giving Amaysim NBN a go, there's no time like the present to switch and save.
If you've got a real need for speed, you can check out Amaysim's other NBN plans here.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Is Energy Action Limited (ASX:EAX) A High Quality Stock To Own?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Energy Action Limited (ASX:EAX). ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Energy Action is: 33% = AU$1.1m ÷ AU$3.3m (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every A$1 worth of shareholders' equity, the company generated A$0.33 in profit. Check out our latest analysis for Energy Action Does Energy Action Have A Good ROE? One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As is clear from the image below, Energy Action has a better ROE than the average (20%) in the Professional Services industry. That's what we like to see. However, bear in mind that a high ROE doesn't necessarily indicate efficient profit generation. A higher proportion of debt in a company's capital structure may also result in a high ROE, where the high debt levels could be a huge risk . To know the 4 risks we have identified for Energy Action visit our risks dashboard for free. How Does Debt Impact Return On Equity? Companies usually need to invest money to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Combining Energy Action's Debt And Its 33% Return On Equity It's worth noting the high use of debt by Energy Action, leading to its debt to equity ratio of 1.19. While no doubt that its ROE is impressive, we would have been even more impressed had the company achieved this with lower debt. Debt increases risk and reduces options for the company in the future, so you generally want to see some good returns from using it. Summary Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. In our books, the highest quality companies have high return on equity, despite low debt. All else being equal, a higher ROE is better. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. Check the past profit growth by Energy Action by looking at this visualization of past earnings, revenue and cash flow. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Epoch Times
2 hours ago
- Epoch Times
Optus to Launch Australian-Made Satellite to Compete With Musk's Starlink
Australia is set to launch its own low-Earth orbit (LEO) satellite in 2028 through a new project led by Optus, in collaboration with the iLAuNCH Trailblazer program, HEO, Inovor Technologies, and the Defence Science and Technology Group.
Yahoo
3 hours ago
- Yahoo
With EPS Growth And More, SRG Global (ASX:SRG) Makes An Interesting Case
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in SRG Global (ASX:SRG). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Fast Is SRG Global Growing? If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. Impressively, SRG Global has grown EPS by 18% per year, compound, in the last three years. If growth like this continues on into the future, then shareholders will have plenty to smile about. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. SRG Global maintained stable EBIT margins over the last year, all while growing revenue 25% to AU$1.2b. That's encouraging news for the company! The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image. Check out our latest analysis for SRG Global You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for SRG Global's future profits. Are SRG Global Insiders Aligned With All Shareholders? It should give investors a sense of security owning shares in a company if insiders also own shares, creating a close alignment their interests. SRG Global followers will find comfort in knowing that insiders have a significant amount of capital that aligns their best interests with the wider shareholder group. As a matter of fact, their holding is valued at AU$41m. That's a lot of money, and no small incentive to work hard. Despite being just 4.1% of the company, the value of that investment is enough to show insiders have plenty riding on the venture. Does SRG Global Deserve A Spot On Your Watchlist? You can't deny that SRG Global has grown its earnings per share at a very impressive rate. That's attractive. Further, the high level of insider ownership is impressive and suggests that the management appreciates the EPS growth and has faith in SRG Global's continuing strength. Fast growth and confident insiders should be enough to warrant further research, so it would seem that it's a good stock to follow. You still need to take note of risks, for example - SRG Global has 2 warning signs we think you should be aware of. Although SRG Global certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Australian companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
