Question 1

Is the Australian consumer market finally moving past its recent stagnation?

Accepted Answer

Yes, the market has returned to growth and is projected to reach $28,983 million by FY28 at a 3.0% CAGR. This recovery is driven by a 4.6% CAGR in fixed broadband and a 2.3% expansion in total mobile revenues.

Question 2

What is the primary driver for growth in the fixed internet segment?

Accepted Answer

Fixed broadband revenue is the market's strongest engine, growing at a 4.6% CAGR through FY28. Growth is underpinned by inflation-linked price increases and a consistent consumer migration toward higher-priced, high-speed tiers.

Question 3

How is the competitive landscape shifting for the NBN?

Accepted Answer

NBN Co is losing its near-monopoly status, with its share of household connections forecast to fall to 77% by FY28. Competition is accelerating from independent FTTP providers and non-NBN fixed wireless access, the latter of which will capture 10.1% of the market.

Question 4

Are cost-of-living pressures changing how consumers choose mobile providers?

Accepted Answer

A 5.1% decline in household disposable income over the last year is driving a shift toward bargain hunting. This trend favors MVNOs, who are expected to grow their subscriber share as consumers move away from premium tiers to manage household budgets.

Question 5

What is the outlook for mobile hardware and handset sales?

Accepted Answer

Mobile hardware revenue is forecast to contract at a -1.7% CAGR through FY28. This decline is a result of consumers lengthening their handset refresh cycles, even as mobile service revenues continue to grow at a 3.6% CAGR.

Australia Consumer Telco Forecast & Outlook 2023

Abstract

Key Takeaways

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Abstract

Key Takeaways

Frequently Asked Questions

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