Millions of Australians are set to pay hundreds more annually for their private health insurance, with the Federal Government today confirming the biggest round of health insurance increases since 2017. From 1 April, private health insurance premiums will increase by an industry average 4.41%. The average increase has come in above the rate of inflation, […]
More than half of Australians are missing out on savings by staying loyal to big brands at the supermarket, according to research by Compare the Market. A nationally representative survey* conducted by Compare the Market found 45% of Aussies have switched to cheaper brands to manage financial stress, yet the majority are still sitting on […]
Millions of Australians are set to pay more for health insurance from 1 April, but alarming research from Compare the Market shows those who stay loyal could be paying significantly more than those who compare and switch policies. Research from Compare the Market’s recent Household Budget Barometer shows that Australians surveyed who had been with […]
A new report by Compare the Market ranks Australian cities as among the best in the world to raise a family. Brisbane topped the list of 50 cities from across the world. The city had the highest number of green spaces per capita, with 84.89 parks and playgrounds per 100,000 people. Brisbane also had the […]
You can’t put a price on love, but Australians will spend an average $92 spoiling their Valentines this year, according to new research from Compare the Market that shows cupid may be working with a tighter budget this year. While one in five people surveyed said they would spare no expense, the rest said they’d […]
Compare the Market’s Economic Director David Koch said the RBA’s decision to lift the cash rate by 0.25% to 3.85% on Tuesday was a necessary evil in the fight against inflation, but warned that households could be paying thousands more every year as a result of the hike to interest rates. “It’s another whack for […]
Compare the Market’s Economic Director David Koch has reacted to the latest CPI data for the December quarter, signalling that a rate hike could be on the horizon for mortgage holders. “It’s a bit of a shock because it’s at the higher end of what the markets were predicting,” Mr Koch said. “It’s not just […]
The RBA may be weeks away from its first meeting for 2026, but some banks have provided an early indication of where the cash rate could be headed in the coming months, according to Compare the Market’s Economic Director David Koch. “While you’ve been on summer holidays, most of Australia’s leading lenders had been increasing […]
Boring life admin could become a thing of the past, with new research from Compare the Market revealing Australians are turning to AI in droves to streamline tasks like budget setting and grocery planning this year. In a nationally representative survey of 1,010 Australians, 57.1% said they would let AI help them in at least […]
The new school year could pack fresh money pain for Australian families, with the average spend on uniforms, shoes, electronics, and other supplies climbing to $767 according to data from Compare the Market. Concerningly, many of the Australians surveyed plan to cover the costs with credit cards (38%), buy now, pay later services (17%), or […]
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