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 […]
Rising costs have not deterred more than half of Australian homeowners planning renovations and home improvements, with new Compare the Market research showing small, low-budget upgrades remain popular.* More than half of Australian homeowners are planning to revamp their property within the next 12 months, according to a recent Compare the Market survey. A third […]
With hundreds of thousands of ‘Swifties’ set to descend on Accor Stadium in Sydney and Melbourne Cricket Ground next month for Taylor Swift’s Eras Tour, Compare the Market is warning concertgoers travelling from interstate to the concerts to safeguard their once-in-a-lifetime experience in case the worst happens. While many fans have already organised their tickets, […]
There may be a squeeze on the property market right now, but new Compare the Market research shows that almost 40% of Aussie homeowners are planning to sell their property within the next five years. Interestingly, around 30% of Aussie homeowners intending to sell are planning to downsize. According to the latest findings, 6.2% will […]
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