Older Kiwis risk overpaying for broadband, a concern for Hibiscus Coast households watching costs as bills climb.

An independent NZ Compare survey of people aged 50-plus found 49% are struggling or finding it harder to manage finances, and 85% have some financial concern.

Nearly a third (30%) haven’t switched provider in more than five years, and one in four (25%) pay over $100 a month.

Staying loyal could be costing up to $50 more each month.

Confusion drives waste.

Almost half (46%) don’t know what speed they’re paying for, and 13% aren’t confident it suits their needs.

NZ Compare warns this leaves people open to “speed washing” and “connection confusion” between fixed wireless and fibre.

Hassle and habit keep many put.

Thirty-two percent think switching is too much effort, 39% say it’s easier to stay, and 36% stay from long-term loyalty.

“Broadband prices have risen regularly over the last five years, yet our survey findings show older New Zealanders are among the least likely to switch providers to access a cheaper plan,” says Gavin Male, CEO of NZ Compare.

“Switching and shopping around… can deliver savings of up to $400-600 a year.”

The practical fix is simple.

Compare plans online, match speed to actual use, and switch if a better deal appears.

With more price rises likely next year, a five-minute check could put real money back in Coastie pockets.

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