The Reserve Bank of Australia (RBA) has confirmed it will slug homeowners with its ninth consecutive cash rate rise since May last year. At today’s February board meeting, RBA Governor Philip Lowe announced the 25 basis point increase. “Global inflation remains very high. It is, however, moderating in response to lower energy prices, the resolution […]
The home loan interest rate grenade is set to blow for many borrowers this year, especially as the Reserve Bank of Australia (RBA) confirmed that two thirds of fixed rate loans are due to expire by the end of 2023. But rate rises are just the tip of the iceberg as homeowners face being hit […]
Australia’s cost-of-living crisis shows no signs of slowing down, but new research from Compare the Market shows nearly 60% of Australians are throwing away money on things they don’t need. According to new data from the comparison website, 11.4 million Aussie adults (57.3%) say they spend their money on things they don’t need. Meanwhile, close […]
Shoppers are continuing to feel the pinch at the supermarket checkout amid the worsening cost-of-living crisis, with new data from Compare the Market showing that the price of common groceries has jumped more than 8% in just six months. The comparison website analysed 44 everyday grocery items at major grocery stores in July and again […]
Motorists across Greater Sydney can expect to feel pain at the petrol pump over the Australia Day long weekend, with a new high mark of $2.12 per litre for Unleaded 91 being recorded across the Harbour City. While the city-wide average for Unleaded 91 is currently $1.68 per litre, stations across Woollahra, Randwick, Paddington and […]
Compare the Market, Australia’s leading financial comparison website, has unveiled its new campaign, “Meerkat Motivationals”, to encourage Australians to ‘wake up to waste’ in their household budget. The multi-channel campaign will air nationally from Sunday 15 January, with the world-famous Meerkat duo of Aleksandr and Sergei turning into financial fitness coaches to motivate Australians to wake […]
With households across Queensland grappling with the ongoing energy crisis, new Compare the Market research has revealed just how much more we can be forking out when running an air conditioner this summer. Blasting the air conditioner is one of the easiest ways for Queenslanders to stay cool, as we face warm days, humid conditions […]
Got the post-holiday blues? Ever wished your holidays didn’t have to end? Well, keep that margarita in your hand and kick back at the beach because it turns out you could more than double your days off this year. Most full-time workers in Australia are entitled to four weeks of paid annual leave per year, but this holiday period could be extended if public holidays aren’t […]
Many Australians will be tightening their belt in the New Year, with research from Compare the Market showing that saving more money is one of the top resolutions ahead of 2023. The comparator’s latest survey found that more than a third of Australians (42.6%) say they will stash away more cash in the New Year […]
As we head into the sweltering summer holidays, hundreds of Aussies living in embedded networks are missing out on cheaper energy plans, solar savings, rebates, and other perks. This is because of how expensive and complex it is for them to find their own energy retailer – but it doesn’t have to be this way. […]
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