Millions of Australians with private health insurance will soon be paying even more for their policy, with the Federal Government today announcing another price hike. From April 1, private health insurance premiums will increase by an industry average of 3.03%. However, this is just an average, and the actual jump in premiums will vary between […]
The household budget has been crumbling under the pressure of high inflation in the last 18 months, with fuel costs proving a massive factor. According to the latest research from Compare the Market, the average driver pays $61.95 a week or over $3,200 a year on fuel*. The Government’s latest increase to the fuel excise, […]
As it turns out, inflation can’t kill love – According to new research from Compare the Market, the average adult Australian will spend $162 on their significant other this Valentine’s Day. But being in love will cost Millennials more than double what the average Aussie couple spends. Love-sick Millennials will shell out a whopping $334.35 for their partner’s Valentine’s Day gift. This is followed by […]
Compare the Market is warning that millions of Australians may not be aware of fraudulent activity on their bank account, with new research revealing that more than half of Aussies don’t keep a close eye on their finances. The new research reveals that 53.6% of Australians surveyed don’t look at their bank account daily – a concerning statistic according to […]
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, […]
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