While many parts of Australia have been battered with fires, floods, cycles and severe weather over the past few months, new research from home and contents insurance comparison site, Compare the Market has revealed that break-ins and theft are the biggest concerns for people and their homes in 2024.* Over a third of respondents reported […]
Compare the Market is encouraging Australians to check their gas and electricity bills carefully, with recent changes implemented by the Australian Energy Regulator meaning energy retailers must now let customers know if they have better deals available. Under an amendment to the AER’s Better Bills Guideline, which came into effect last September, retailers in New South […]
While Australia has already been battered by storms, cyclones and flooding in 2024, alarming new research from Compare the Market reveals that more than a quarter of Aussies don’t have home or contents insurance for where they reside. In fact, new survey data reveals that 26.5% of Aussies surveyed say they have no home and/or […]
While 14.42 million Australians have some form of private health insurance, new research from Compare the Market shows that an alarming number of people are in the dark about factors that can influence their premiums, such as Lifetime Health Cover loading. Additionally, many do not understand how private hospital insurance can potentially impact their tax […]
With pet ownership up on the rise across the country, pet insurance comparison site Compare the Market has revealed the most popular dog and cat breeds in Australia. Cavoodles, or Cavalier King Charles Spaniel cross Poodle, were found to be the most common dog breed, while Domestic Short Hairs ranked at the top of the […]
While a first glance of the latest Consumer Price Index (CPI) figures may indicate that the inflation genie is going back in the bottle, Compare the Market’s Economic Director, David Koch, says the new data from the Australian Bureau of Statistics (ABS) data indicate some key areas that are still hurting households – electricity prices, […]
Compare the Market’s Economic Director, David Koch, has urged the government to prioritise reforms that could help homeowners save money on their mortgages, as any further delays could “end up costing people thousands”. In December, the government announced it would review the Australian Competition & Consumer Commission (ACCC) Home Loan Price Inquiry recommendations from its […]
Holidays are meant to be the most cheerful time of year, but according to a recent Compare the Market survey, 38.3% of Australians are arguing with their loved ones over the rising cost of household bills. The bills causing the most arguments are groceries (76.8%), energy bills (65.6) and fuel costs (47.9%). Meanwhile, just over […]
Have you ever lied to your partner about how much something cost or kept a financial secret from them? You’re not the only one, with new research revealing we’re a nation of financial cheaters. According to a recent Compare the Market survey, almost a third of Australians have confessed to keeping financial secrets from their significant other (31.2%).* More than one in 10 […]
Debt consolidation has become the ultimate hangover cure for binge spending over Christmas according to Compare the Market’s Economic Director David Koch, as Aussies work to crunch over $18 billion in credit card balances accruing interest. With Reserve Bank data showing the average lending rate for credit card balance at whopping 17.98% in September, Mr Koch said lenders were expecting a […]
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