Motorists across Australia looking to hit the road this long weekend could be in for a shock, with prices for Unleaded 91 soaring past $2/litre in many locations. With school holidays just around the corner, it’s looking like these prices could hurt the hip pocket of families already doing it tough. However, Compare the Market […]
It’s another grim day for borrowers around Australia, with the RBA raising the cash rate for the 12th time since May last year. At this month’s Board meeting, RBA governor Philip Lowe confirmed the 25 basis point hike. It’s been 399 days since the Board started its record run of rate rises, with a $500,000 […]
With households across Queensland grappling with the ongoing energy crisis, new Compare the Market research has revealed just how much more we could be forking out when running the heating this winter. In fact, some types of heaters could add hundreds of dollars to your electricity bill, which could hurt the hip pocket of households […]
With one in 10 Australians admitting that energy bills are having the biggest impact on their household budget, Compare the Market says more retailers are offering flexibility around billing options.* In fact, it’s not uncommon for retailers to now offer weekly, fortnightly or monthly payment options, in addition to the traditional three-monthly billing cycle many […]
Hundreds of thousands of households and small businesses will see electricity prices increase from 1 July, with the Australian Energy Regulator (AER) and Victoria’s Essential Services Commission (ESC) confirming just how much prices may soar for those on Standing Offers. Australians on a retailer Standing Offer in South Australia, South East Queensland or New South […]
A third of adult Australians have confessed to getting fast and furious within the last 12 months, admitting they go beyond the speed limit. This comes as Australia recorded a 10.8% increase in road fatalities this January compared to January 2022. According to a recent Compare the Market survey, the age group with the lead […]
The carnivore diet days are numbered, with more than 60% of adult Australians ditching meat in a bid to save money. According to Compare the Market’s latest survey, Aussies are cutting back primarily on chocolates and lollies (58%), savoury snacks (44%), soft drinks (43%) and cleaning products (31%).* Worryingly, a quarter of Australians are also […]
The Reserve Bank of Australia (RBA) has raised the cash rate by 25 basis points, continuing its record run of rate rises. The latest rate hike brings the official cash rate to 3.85% − the highest in about 11 years. RBA governor Philip Lowe announced the increase at the May Board meeting and cited high […]
It was another bad dose of borrower blues, after the Reserve Bank of Australia (RBA) confirmed its record run of rate rises would continue once again. At today’s May Board meeting, RBA governor Phillip Lowe confirmed the 25 basis point hike. The mortgage mayhem all comes exactly 364 days since the first-rate hike of this […]
Borrowing power has plunged more than $200,000 for some Australians but we are being warned it could plummet even further in the coming months. According to Compare the Market research, a family in Sydney with two children that has a household income of $150,000 has seen their borrowing power shrink by 21% since April last […]
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