Another rate hike is all but certain this year, with global tensions layering on top of Australia’s already “baked in” inflation crisis, according to Compare the Market’s Economic Director David Koch. Pressure is mounting on the Reserve Bank to take quick action to quash inflation, as expensive fuel and supply shortages threaten to escalate prices […]
The Essential Services Commission (ESC) has today projected that electricity prices could fall by much as 3% from 1 July for some Australians on default offers in Victoria. It comes as new Compare the Market research shows that 81.1% of Aussies surveyed have noticed increases in their electricity bills over the past year.* Compare the […]
Compare the Market has warned households to brace for more electricity price pressure this year, despite easing wholesale volatility, with a mix of factors squeezing the market from all sides. Australians will get a steer on where their bills could be headed when the Australian Energy Regulator (AER) and the Essential Services Commission (ESC) in […]
With fuel prices expected to rise due to the war in Iran, Aussie motorists driving less in 2026 could save hundreds by updating one key detail on their car insurance policy, according to new research from Compare the Market. With nearly four-in-10 drivers surveyed* spending less time on the road now than they did 12 […]
A new survey by Compare the Market reveals an increasing number of Australian adults are going into debt to pay for medical expenses for themselves or a loved one. In 2025, 12% of Australian adults had medical debt, but in 2026 that has risen a shocking 150% to almost one third of Australians (30%). When […]
A simple change could reduce car insurance premiums by hundreds, with Compare the Market warning Australian motorists to not settle on default excess settings when starting or renewing their policy. The comparison experts found a quoted annual difference of $398 (17%) on average by adjusting the excess on an example car insurance policy from $600 […]
Roses are red, violets are blue – love is sweet, but is joint health insurance right for you? Compare the Market’s Chris Ford said some people might actually be worse off under a couples policy. “Being in a couple often means sharing a Netflix account, divvying up household bills and even opening up a joint […]
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 […]
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