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​iPhone 7 and 7 Plus Australian pricing, plans and details

The iPhone 7 has just been announced and chances are you're already counting out your cash. But how do Australian prices compare to the rest of the world, and why are we paying more?

The new iPhone 7 commands a higher price in Australia.

James Martin/CNET

It's that time of the year, when Tim Cook descends from his private mountain in Cupertino to tell us all what our next iPhone is going to look like.

And after that first flush of excitement (Water resistant! No headphone jack! Jet black!) it's time to lean back and work out what we'll actually be paying for this slick new device in Australia.

There are two models on offer, the iPhone 7 and the larger iPhone 7 Plus, both available in 32GB, 128GB and 256GB storage options (goodbye 16GB model).

But taking a look at US vs Australian pricing, you'll be clearing four digits if you want to buy any new iteration of the iPhone 7 in Australia.

And even with a direct conversion from US dollars, you'll still be paying more by buying the iPhone in Oz.

iPhone Australian price UK price US price US price +GST, converted US/AU difference
iPhone 7 32 GB AU$1,079 £599 (AU$1,040.88) $649 AU$930.15 -AU$148.85
iPhone 7 128 GB AU$1,229 £699 (AU$1,214.65) $749 AU$1,073.47 -AU$155.53
iPhone 7 256 GB AU$1,379 £799 (AU$1,388.42) $849 AU$1,216.79 -AU$162.21
iPhone 7 Plus 32 GB AU$1,269 £719 (AU$1,249.41) $769 AU$1,102.13 -AU$166.87
iPhone 7 Plus 128 GB AU$1,419 £819 ($1,423.18) $869 AU$1,245.45 -AU$173.55
iPhone 7 Plus 256 GB AU$1,569 £919 (AU$1596.95) $969 AU$1,388.77 -AU$180.23

Prices converted at a rate of AU$1 = £0.575474 and US$0.767510, current as of September 9, 2016 at 9.00 a.m. AEST.

In fact, the differences between Australian and US pricing are almost three times what they were for the iPhone 6s and iPhone 6s Plus last year. But the price of the base model has stayed the same (AU$1,079), while storage on that entry-level model is now 32GB rather than 16GB, so you're actually getting more for your money.

It's also important to factor in currency conversions.

At this time last year, the Australian dollar was significantly weaker than the greenback -- in the order of AU$0.70 to the US dollar, compared to roughly AU$0.76 today.

Thanks to a stronger Australian dollar and the same starting price on the iPhone 7 as the iPhone 6, the price difference between the US and Australia is greater in 2016. But just think about all that money you'll save on water-resistant cases and headphone detangling this year!

If you're keen to get on board with the iPhone 7, as well as your very own set of wireless AirPod headphones and a new Apple Watch, check out our full Apple event coverage as well as everything you need to know about the big announcements.

Plans

If you're looking to get the iPhone 7 or 7 Plus on contract, here's what Australia's telcos are offering:

Optus

If you're with Optus, our pick for the best value iPhone 7 is the 128GB model on the AU$85 per month plan. With handset repayments, that'll set you back AU$100 per month, but you'll get unlimited talk and text along with 7GB of data. Over the 2-year contract, that works out to a nice, round minimum spend of AU$2,400. If you're after the Plus, the 128GB will cost AU$107 per month on the same allowances, for AU$2,568 over 24 months. You can check out other plans at the Optus website, if you're after a different model or plan.

Telstra

To get 10GB of data usage per month with the 128GB model iPhone 7, you'll be on the hook for AU$113 for a minimum of AU$2,712 over the 24-month contract. The 128GB iPhone 7 Plus will cost AU$122 per month including repayments on the same plan, for a total minimum of AU$2,928. If you're looking to spend a little less, or need a little more data, you can check out the full range here.

Vodafone

You'll score 11GB of data, unlimited calls and text and a shiny new 128GB iPhone 7 for AU$103 per month with Vodafone and a minimum of AU$2,472 over 24 months. The same plan with the 128GB iPhone 7 Plus will cost AU$113 per month, or AU$2,712 minimum over the life of the contract. For more Vodafone plans, check out the website.