Netflix will launch down under on 24 March, with its cheapest package undercutting local streaming services Presto, Stan and Quickflix in Australia, and Neon and Lightbox in New Zealand.
The US streaming giant's entry level tier will cost Australians A$8.99 a month for standard definition (SD) video delivered to one device, compared to A$9.99 for the Presto SD subscription video-on-demand (SVOD) service offered by the Foxtel and Seven West Media joint venture. Presto also offers a bundled package of both TV and movies for A$14.99 per month.
Quickflix' SVOD service is priced at A$9.99, while Stan, the online video service from Fairfax Media and Nine Network, offers high definition (HD) content for $10 per month.
Netflix will also offer an A$11.99 package in Australia which will allow HD streaming to up to two devices, while a third plan, costing A$14.99, will allow 4K Ultra HD streaming to up to four devices.
In New Zealand, meanwhile, Netflix will be priced from NZ$9.99 a month in SD and NZ $12.99 in HD.
Spark's Lightbox service costs non-Spark broadband customers NZ$15 a month in HD, while Sky TV charges NZ$20 a month for its Neon SD streaming service.
In the US, Netflix offers the SD single stream service for US $7.99, the HD two stream service for US$8.99 and the 4K four stream service for US$11.99.
Netflix, like Stan and Presto in Australia, and Neon and Lightbox in New Zealand, is offering a 30-day free trial.
The local Netflix services will include all three seasons of popular American political drama House of Cards, as well as the first two seasons of Orange is the New Black ahead of the third season's global launch on 12 June.
Other content to be made available will include Bloodline; Marco Polo; Unbreakable Kimmy Schmidt; Chelsea Handler: Uganda Be Kidding Me Live; Aussie comedian Jim Jefferies: Bare; DreamWorks Animation's The Adventures of Puss in Boots; Academy Award-nominated documentary Virunga; Marvel's Daredevil; Sense8; and Crouching Tiger, Hidden Dragon II: The Green Destiny.