Hundreds of thousands of families and businesses across Victoria could soon be paying more for electricity, with a new proposal suggesting the market benchmark will increase across the state on 1 July. It will be the second time the Victorian Default Offer (VDO) changes in 2022, after prices were adjusted on 1 January.* The Essential […]
If you’re lucky, you won’t need to use your health insurance this year – or next. That’s what makes it the kind of bill we pay and forget. A new survey by Compare the Market has found that while 91% of private health members expected their premium to increase, only 34% knew how much that […]
Thousands of flood-affected residents are looking to make insurance claims to recoup for lost and damaged property. Based on past flood events, the recovery bill could be in the hundreds of millions. We’ve pulled together a guide to help people understand what to expect during the process. I need to claim. What do I need […]
Buying your first car is a coming-of-age milestone. Pinning up the p-plates, filling the glove box with CDs and cassettes and rolling down windows to belt out your favourite song. Classics like the Corolla, the Commodore and Lancer may spring to mind as quintessential entry-level cars. But which one holds the keys to our young […]
Nearly half of Australians experience buyer’s remorse after purchasing a property, with lifestyle compromises hurting the most, according to new research from Compare the Market. A survey of more than 500 people who bought property between 2017-2021 revealed 45% regretted something about their purchase, with about a fifth (21%) lamenting lifestyle changes or having to […]
Nearly 10% of Aussies are getting less than 4 hours of sleep each night with an average of just 6.4 hours per night around the country, according to a survey by Compare the Market. Gold Coast and Wollongong are our most rested cities with Perth burning the midnight oil as Australia’s least rested, surviving on […]
Australians aren’t waiting for credit card interest rates to go down to start paying off their debts, new data shows. Compare the Market’s analysis of the latest Reserve Bank credit card statistics for December 2021 shows another marked decline in balances accruing interest (aka debt) on credit cards, continuing the trend that’s been accelerating since […]
Queensland is the top domestic travel destination for Australians in 2022, according to a new survey by Compare the Market, revealing a pent-up desire to cross borders following another difficult year of lockdowns. The survey of 1,000 Australians revealed the vast majority intend to travel interstate this year with 40% planning their first holiday at […]
New research by Compare the Market has uncovered links between sport and life expectancy, with boxers living nearly five years less on average Head trauma could be linked to elite athlete boxer deaths in about 1 in 5 of cases Athletes from every other discipline considered saw an extended life span, with tennis players enjoying […]
Over a third of buyers who purchased properties over past five years borrowed more money than they planned to, according to new figures from Compare the Market, shedding light on the sentiment behind Australia’s raging property market. The home loan comparator surveyed 510 people who had purchased a property between 2017 and 2021 to measure […]
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