For many, grabbing a glass of wine or beer at the end of the day to wind down has become a habit, with perhaps a few more drinks on the tab as the end-of-year celebrations begin. Yet, recent Compare the Market data has found that this habit could be costing Millennial Aussies as much as […]
Competitive rates, cashback offers, and lowered serviceability buffers are some of the home loan sweeteners being used to attract new borrowers. Compare the Market’s Economic Director, David ‘Kochie’ Koch, said the home loan market was “back and bubbling away with competition” but it was up to homeowners to sniff out the best deals. “Some of […]
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 […]
Christmas is meant to be the season of giving, but new research from Compare the Market reveals that a surprisingly high number of Aussies don’t keep the gifts they receive over the festive period. In fact, 1 in 5 Aussies admit to regifting duplicate presents or gifts they don’t like at Christmas. Around 16% of […]
It’s the never-ending list of errands that you have to do to keep your household ticking, but you that don’t get paid for. From filing your tax return, managing the household bills and sorting out meals for the week – more than half of Australians Compare the Market surveyed said they’ve experienced life admin stress. […]
It’s the early Christmas gift borrowers were hoping for – the Reserve Bank of Australia has held the cash rate. Compare the Market’s Economic Director, David Koch, said the decision was a welcome relief for borrowers who had already seen repayments climb thousands of dollars since May 2022. “The average borrower with a loan of […]
Compare the Market is warning millions of Australians that they could be throwing money down the drain unless they maximise the savings available to them through their health insurance before they expire. For many, the amount they can claim back on their extras may reset on 1 January each year. This means that if you […]
Compare the Market is warning Victorian households that now is the time to change their solar habits, with the Essential Services Commission (ESC) forecasting that minimum feed-in tariffs could be slashed by as much as 32% in 2023-24. In its draft decision, which is currently seeking feedback from stakeholders before a final determination is released […]
It seems inflation and a crumbling Aussie dollar have dampened people’s post-pandemic wanderlust, with a third of Aussies reportedly not going anywhere these summer holidays. According to a recent Compare the Market survey, while a third of Aussies take time off and remain at home, just over one in 10 will be working through the summer holiday period. Meanwhile, 17.2% will brave the nasty exchange rate and travel internationally this summer break. To curb the […]
Pocket money could be the latest casualty of the cost-of-living crisis, with new research from Compare the Market revealing that 64.2% of Aussie kids aren’t getting a weekly allowance from their parents. However, those who do get an allowance work hard for the money, with the findings revealing that as many as 77.5% of parents […]
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