If you don't have any issues with your service, then there aren't many options aside from paying the contract cancellation fee. However, it is definitely worth a try to call your provider and let them know you want to upgrade your phone. If you are at least 12 months into your contract, you may be able to upgrade by signing a new contract and therefore getting a new phone without any cost. If you are less than 12 months into your contract, then you will usually be charged a fee on top of your existing plan per month for any upgrade. If you just want to flat out cancel your contract, then you are liable for any cancellation fees you agreed to when you signed the contract; these fees are usually expensive.
Another option is to sell your phone on eBay and with that money (and perhaps a little more) just buy your preferred phone outright. Most mobile phone shops sell phones outright, while there a number of online stores that import the latest mobile phones before they are even released in Australia. A great example is online store cloudlet computing, which sells all phones unlocked with a 12-month warranty and repair service.
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