It takes two to tango if you’re pursuing the Australian dream of homeownership according to Compare the Market, with new analysis finding less than 1% of metropolitan suburbs are affordable* for single people on an average salary. The experts used CoreLogic’s median property data to calculate average repayments for 2,163 capital city suburbs, and found […]
Cost-of-living pressures have forced nearly one-in-four Australian motorists to delay or stop essential car maintenance, according to a new study by Compare the Market. The car insurance comparison experts’ nationally representative survey of more than 1,000 Australians found 19% admit to servicing their car less often, while 4% have alarmingly stopped getting their car serviced […]
Compare the Market’s Economic Director David Koch has commended the Reserve Bank of Australia’s (RBA) move to cut interest rates by 0.25% at today’s board meeting, saying the move could leave an extra $100 in the pockets of some mortgage holders if passed on by lenders. The nation’s leading economists had largely tipped the RBA […]
Aussie homeowners are rejoicing following the Reserve Bank decision to drop the cash rate 0.25% at February’s meeting. The move could reduce monthly repayments on an average loan of $642,000, by $104 – or around $1,248 over the course of the year according to analysis by Compare the Market. But whether or not customers feel […]
Australian families could pocket or miss out on hundreds of dollars in savings depending on a series of recent and upcoming pricing decisions from authorities, according to Compare the Market Economic Director David Koch. Mr Koch said three big events – the Reserve Bank’s recent rate cut decision, the energy regulators’ draft pricing announcements, and […]
The tide may slowly be turning on the cost-of-living crisis, with new research from Compare the Market revealing fewer people are imposing lifestyle lockdowns to combat rising expenses in 2025 compared to 2024. The research found that 71.2% of Aussies planned on making lifestyle changes over the next 12 months amid the cost-of-living crisis – […]
Young Australian drivers, aged between 18-26 years old are found to be among the most reckless and least insured on our roads. That’s according to a new study by Compare the Market, in which more than 3,000 respondents from across Australia, America and Canada were surveyed. New survey reveals 20.4% of young Australian drivers reported […]
There’s a lot of pressure to buy a house, and half of us are buying homes that we come to regret. A new survey by Compare the Market reveals that 39% of Aussies have at least one regret about the home they bought. Almost 40% of homeowners have regrets about the house they bought Not […]
The true impact of the cost-of-living crisis has been laid bare in new research from Compare the Market, which reveals that one in five Australians have less than $100 in their savings account.* A worrying 18.7% of Australians surveyed reported having $100 or less to their name, with high grocery prices, rising insurance premiums and […]
A new study by Compare the Market Australia has revealed that Australia is leading the charge in accessible solar installation. New study by Compare the Market AU placed South Australia as the cheapest state for solar installation As a whole, Australia’s most expensive states are around three times cheaper than Canada and USA’s cheapest USA […]
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