A third of home and/or contents policyholders could be underinsured, according to alarming new research from Compare the Market. The study found that almost a third of policyholders for home and/or contents insurance have guessed their sum insured value. Guessing the sum insured for any policy can be a risky game, given that ASIC data […]
Australian motorists could save thousands of dollars on running costs and loan repayments by making their next car purchase electric, according to new research from Compare the Market. The insurance comparison site crunched the numbers and found that EV owners in Sydney and Brisbane spent between $897 – $1,536 less a year on car running […]
To celebrate International Dog Day on the 26th of August, Compare the Market analysed the most common star signs for the top dog breeds. Capricorn dogs are the most common in Australia, while Aquarius and Gemini pups follow closely behind. Pisces and Aries doggos are the least common. To celebrate the special bond between dogs […]
Usually, small black boxes are associated with expensive rings, but what if this one, one that many drivers already have, could be saving you money instead? Car insurance comparison website, Compare the Market, has crunched the numbers, and found that 20% car insurers reviewed, offer discounts to drivers who have a dashcam installed within their car. […]
Compare the Market research has found that the cost to purchase an EV is still the biggest barrier to entry. Battery life and replacement costs, along with availability of local chargers and the time to charge the vehicle were also reasons people do not want to buy an electric vehicle. Over a quarter of respondents […]
While many of us view our picturesque international holidays through rose-tinted glasses (with perhaps a few cocktails on the side), there can still be things that can sour a holiday. According to new research from travel insurance comparison site Compare the Market, travel delays are the biggest pet peeve amongst Aussie travellers.* In fact, around […]
Cats are curious by nature, but is it also written in the stars? To celebrate International Cat Day on the 8th of August, Compare the Market has found the most common star sign for our four-legged furry friends. In fact, the pet insurance comparison site found that it was Capricorn cats that turned out in […]
Homeowners are counting their lucky stars after the Reserve Bank of Australia (RBA) left the cash rate on hold at Tuesday’s August Board meeting. Despite the annual rate of inflation increasing in June to 3.8%, Compare the Market Economic Director David Koch said it was not enough to force the RBA’s hand into delivering a […]
Aspiring homeowners could face another setback if a forecast 0.25% rate rise is passed on, with borrowing power estimated to shrink by up to $25,000 for couples on average salaries. Compare the Market analysis shows that for a Western Australia couple, both on the average annual income of $109,600, a 0.25% rate rise could reduce their borrowing capacity from $1,164,000 to […]
One in five Aussies will use any tax return refund to pay off debt this year, with new research from Compare the Market showing the decision could end up saving them thousands more in extra interest repayments. A recent Compare the Market survey found 23% of Australians planned to use their tax refund to pay off debt, up from […]
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