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 […]
Australia’s dangerous driving habits have been revealed and it now comes as no surprise why the land down under has recorded an 10.8% increase in road fatalities this January compared to January 2022. Although not all of these driving habits are explicitly illegal, they could still land you a hefty fine for ‘driving without due […]
If you’ve flipped a P-plater the bird while driving, it’s probably because they’re a bad driver – or at least that’s what the majority of Australians must think, with 51% declaring Generation Z as the most dangerous on the roads. This comes as new Compare the Market research reveals that 39% of Zoomers have used […]
More than 22 million adult Australians (86%) have been shocked by skyrocketing costs. That’s according to the latest Compare the Market research, which also revealed the age group that was the most stunned by their blown-out bills were Millennials and Generation Z. The cost that rocked Gen Z the most was fuel, followed by electricity […]
Record wait times and a buckling public health care system has driven more than 14 million Australians to join private health – but avoiding lengthy wait times isn’t the only allure. It turns out, a person with an extras-only health insurance policy who has served their waits could save more than $1000 in a year […]
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