Compare the Market

Home insurance quotes surge more than $300 across capital cities

Sarah Orr — Wed, 15 Jul 2026 22:49:05 +0000

Surging construction costs, labour availability and the frequency of large claim events continue to put pressure on Australian insurance premiums, with new Compare the Market research revealing home and contents quotes jumped more than $300 in the five largest capital cities in the year to June 2026. The data shows the average indicative quote across […]

Mid-year check-in: 19% of Aussies haven’t started their New Year’s resolutions

Henry Man — Tue, 14 Jul 2026 23:42:52 +0000

Halfway through the year, almost one-in-five (19%) of Australians are yet to start their New Year’s resolutions, according to the latest data from Compare the Market, with rising costs proving a major setback. The consumer comparison experts’ mid-year check in found most Australians (71%) are still on track to achieve their goals by the end […]

Riskiest drivers in Australia revealed by insurers

Henry Man — Sun, 12 Jul 2026 21:00:24 +0000

It turns out age isn’t just a number when it comes to your insurance, with new research from Compare the Market showing drivers in high-risk age groups could pay up to $1,200 more than motorists deemed to be less risky. New road users – 17-year-olds on a P1 provisional licence – had the highest average […]

Australians warned to pack more than sunscreen as natural disaster risks escalate overseas

Phillip Portman — Thu, 09 Jul 2026 23:44:54 +0000

Compare the Market is urging Australians planning an overseas holiday to consider the growing risk of natural disasters, after a wave of major events have struck popular destinations around the globe. In recent weeks, Europe has been gripped by record-breaking heatwaves, with temperatures soaring above 40°C across several countries, while volcanic activity has disrupted flights […]

EV energy plan comparison reveals potential savings by switching

Henry Man — Sun, 28 Jun 2026 21:00:32 +0000

Electric vehicle drivers could potentially save up to $1,800 a year by taking advantage of an EV energy plan offer according to a new analysis by Compare the Market. With EV sales up 157% year-on-year in April, thousands of people could potentially benefit from new electricity offers for EV owners. Consumers on market-leading deals could […]

Supply charge up 40%? Why your next energy bill could be more expensive

Sarah Orr — Fri, 26 Jun 2026 05:02:33 +0000

Households could be in for another price shock when electricity retailers adjust their market rates on 1 July, with new daily supply charges driving potential bill rises. Letters have started arriving in inboxes informing customers of retail offer price changes. Compare the Market has analysed two examples where pricing adjustments varied across bill structures. For […]

Cost of living forcing over 70% of Australians to change the way they use energy

James McCay — Thu, 18 Jun 2026 23:54:34 +0000

A new survey by Compare the Market has found that many Australians have changed the way they use energy at home due to the rising cost of living. The report revealed that almost a third (30%) had made significant changes to their energy habits, while 46% had been affected by rising costs, and 17% said […]

Shoppers set to spend almost $600 on average this EOFY season

Henry Man — Thu, 18 Jun 2026 21:00:54 +0000

More than half of Australians (56%) plan to splash cash in End of Financial Year (EOFY) sales, with consumers set to fork out $593 on average according to Compare the Market data. Topping the shopping list was fashionwear (34%), followed by a new smartphone (21%), and kitchenware (19%). More than one-in-five Australians (23%) said they […]

Drivers brace for fuel price spike as relief cliff looms

Phillip Portman — Thu, 18 Jun 2026 00:20:09 +0000

An end to the long and winding road to cheaper fuel could finally be in sight, with a likely peace deal in the Middle East helping to stabilise oil prices. But just as relief feels near, the government is set to put the brakes on its temporary fuel excise relief on 1 July – which […]

Pain on pause: Aussies dodge another rate hike in June

Sarah Orr — Tue, 16 Jun 2026 04:30:55 +0000

Australians with a mortgage can breathe a little easier, with the Reserve Bank today sparing them a fourth consecutive rate hike that would have taken the cash rate to its highest level since 2011. The previous three 0.25% increases have already added around $342 to monthly repayments on the average loan of around $736,000, adding up to an […]

Wasted subscriptions costing 50% of Australians potentially hundreds per year

Henry Man — Mon, 08 Jun 2026 21:00:16 +0000

Compare the Market is urging Australians to review their unused subscriptions this mid-year, with data revealing consumers could be wasting more than $1,600 annually on streaming services and the gym. The nationally representative survey found, of the 50% of Australians who were unnecessarily paying for subscriptions, almost six-in-10 pointed their Netflix video streaming subscription. This […]

First electricity pricing fall in six years “big win” for consumers

Sarah Orr — Tue, 26 May 2026 03:00:28 +0000

Electricity price safety nets are set to fall for the first time in six years in many regions from 1 July, with some households projected to save up to $229 on their annual bills. Compare the Market’s Economic Director, David Koch, said the reductions remained a “big win” for consumers already experiencing financial pressure from increased fuel […]

‘$27k a year in savings’: Kochie on why multi-generational living has become a defense against the cost-of-living crisis

Phillip Portman — Thu, 21 May 2026 21:00:43 +0000

Boomerang adult children could save upwards of $27,000 a year by returning to the coop after moving out of home, with new Compare the Market research finding that older Australians and multi-generational living arrangements continue to be a major defense against rising costs. Rental prices have accelerated at three times the rate of wages in […]

Could electricity prices fall for the first time in years?

Sarah Orr — Thu, 21 May 2026 02:19:45 +0000

After years of power bill pain, relief could finally be on the way with Australia’s safety net, DMO and VDO electricity prices forecast to fall in some jurisdictions for the first time in six years. New analysis from Compare the Market shows those benchmarks generally trended down into 2021-22, before surging as the war in Ukraine sent global energy markets into turmoil. In most states, the benchmark has climbed sharply […]

Over half of Aussies throwing money down the drain amid imminent electricity pricing decision

Phillip Portman — Mon, 18 May 2026 02:49:14 +0000

Energy regulators are set to reveal whether they will reduce default offers for 2026-27 by the end of the month, but new research from Compare the Market found more than half of Aussies with the power to switch to a cheaper plan won’t budge even if prices fall. Compare the Market’s latest research found that […]