With the cost of living having increased significantly this year alone – thanks to a rise in health cover, energy prices and mortgage rates – new research reveals the extremely tight spot Aussie households could be in if they get into financial distress.
Aussies are changing their lifestyles to fit around their pets, shunning social events, exercise and even work, says new research from pet insurance comparison service comparethemarket.com.au.
“Comparethemarket.com.au welcomes the findings of the Senate Economics References Committee’s inquiry into Australia’s general insurance industry.”
High energy bills are taking a toll on our relationships as well as our wallets, with nearly half of Aussie households (43 per cent) saying they argue about turning up the heating in winter.
Households are expected to turn into fridges this winter, as residents across Australia are at their wit’s end to find ways to reduce the cost of energy bills, with gas and electricity prices rising again on 1 July.
Australians who do not have hospital cover from 1 July after their 31st birthday and only take it out later in life will have to pay an annual 2% cumulative yearly loading on top of their premium for up to 10 years. Yet new findings reveal almost half (47%) of Aussies don’t understand what Lifetime Health Cover is.
Comparethemarket.com.au has released its quarterly petrol price analysis ahead of the Queen’s Birthday long weekend. The analysis reveals good news mostly for Perth, which will see prices at their lowest in the cycle.
With 34 private health insurers having increased premiums since 1 April, some by as high as 7 or 8 per cent, new research reveals the burden of health insurance on Aussie household bills.
In February and March this year, comparethemarket.com.au was the most visited Australian site in the health insurance category, thanks to the success of the furry meerkat toys Aleksandr Orlov and Sergei. Now, the famous meerkats are back again as a reward to Aussie households.