New survey reveals 72.1% of Australian households have not updated their contents cover since purchasing a major household item. Older Australians tend to update policies more frequently. Tasmanian households found to have the highest median contents valuation nationally. Australian households have been found to be largely not up to date with their contents insurance. That’s […]
Millions of Australians with private health insurance could be paying more for their policies this year with Compare the Market’s Economic Director, David Koch, warning of a “perfect storm” putting pressure on premiums. Health Minister Mark Butler has asked private health insurers to come up with a more “reasonable” proposal to reduce the strain on […]
Australians are forking out over $1,000 more a year on groceries now than they were at the same time last year, with new Compare the Market research revealing groceries are now the most worrisome bill for Aussie households.* The research found that the average Aussie now spends $213.64 on groceries every week, equal to an […]
Toyota maintains its position as the most searched car brand in Australia Tesla took second place, while Mazda was still in third Toyota was the most searched car brand across the globe but its lead over Tesla is shrinking, with Tesla predicted to take over as early as 2031 In Compare the Market’s seventh annual […]
New research from Compare the Market reveals Australian ambulance fees are some of the highest in the world The average cost of an ambulance in Australia is $915.25, with a $/km average charge of $6.07 Ambulance journeys are not covered by Medicare, and rules and fees differ by state and territory Ambulances are crucial as […]
Brisbane ranked second best in cost-of-living friendly cities index, ahead of Melbourne and Sydney Seoul topped the study out of 42 capital cities studied Home loan comparison experts analysed 11 different cost-of-living factors A new index by Compare the Market has found Brisbane is the second-most cost-effective city to live in globally – thanks in […]
Despite a rise in reported break-ins across the country, recent Compare the Market research has revealed more than a third of Australians still hide a spare key. According to Compare the Market’s latest data, 36% of adult Australians hide a spare key somewhere outside of their home.* Of those that hid a spare key, the […]
Australians who locked in cheaper insurance premiums could be in for a shock when their new customer discounts expire, according to new analysis from Compare the Market. Many insurers offer an initial discount – often as much as 15% off or a flat rate of $20, $50 or $75 off – to entice new customers […]
With some experts predicting that blackouts could plunge parts of the nation into darkness in the coming months, Compare the Market says now is the time for Australian households to prepare for the potential of a power cut. Bushfires, hail, strong winds and flooding can cause power outages, as we’ve already seen this Spring across […]
More than three-quarters of Australians will implement spending bans in 2025, according to new research from Compare the Market.* The latest data revealed that 77.4% of Australians surveyed admitted they would reduce spending in the New Year to save money. Perhaps unsurprisingly, takeaway meals are facing the chopping block for many, with a quarter of […]
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