ACCC approves NBN special access undertaking, locks in annual price rises

After two years of back and forth between ISPs and NBN, the ACCC has finally approved the NBN Special Access Undertaking - a lengthy document that "sets the rules for how broadband providers will access the NBN over the coming decades and will apply until 2040". According to the ACCC's executive summary of the SAU (the full 368 page SAU is on NBN's website if you're keen), the most popular 50 Mbps wholesale plan price will go up immediately, but the 25 Mbps and 100 Mbps plans will go down a bit. From now until FY2023, wholesale pricing increases will be capped by the Consumer Price Index or 5%, whichever is greater - so expect 5% annual increases to your internet plans as ISPs pass this cost on to us. Awesome.