After the second price hike in less than a year, the Australian passport remains the most expensive in the world, according to Compare the Market’s 2025 Passport Price Index. A 10-year passport sets Australians back AU$412, up from $346 in early 2024 before two more increases were announced in the months since. The travel insurance […]
The Reserve Bank of Australia has confirmed that it will drop the cash rate by 25 basis points at August’s board meeting. If banks pass on the rate cut in full, the 0.25% reduction will translate to $97 in monthly repayment savings – around $1,164 a year – for borrowers with an average loan of […]
Young homeowners with mortgages have “carried the nation through the cost-of-living crisis” according to new research from Compare the Market showing how much higher rates may have impacted young homeowners. Someone with an average loan of around $600,000* would have seen their monthly repayments rise from $2,218 to $3,694 as the cash rate increased to […]
New research from Compare the Market has revealed that 15.3% of Australians have less than $100 in their savings account.* While it’s a worrying statistic, the figure is down 3.4% from the 18.7% who had less than $100 to their name in December 2024. With inflation slowly returning to the RBA’s target range, it’s apparent […]
Australian jetsetters are increasingly embracing artificial intelligence to plan their holidays, with new research from Compare the Market finding that 28.8% of Aussies have relied on AI tools to lock in deals, scout destinations and discover recreational activities.* According to Compare the Market’s latest data, more than one in 10 Australians surveyed (11.5%) say they’ve […]
Motorists have been urged to take advantage of cheaper car insurance premiums with experts warning brand loyal customers could be missing out on savings. Compare the Market’s General Insurance Index which tracks insurance quote prices in the country’s five largest capitals, revealed an average 1.10% reduction in quoted car premiums in the June quarter, representing […]
Some cities are better geared towards electric vehicles (EVs) than others, and a new analysis of 106 cities by Compare the Market finds that Australian cities are ranked as some of the least EV-friendly in the world. Out of 106 cities across the globe, Australia doesn’t perform well by comparison when it comes to EV-friendliness. Across […]
Are first-time buyers are finally getting the attention they deserve? Last week, Queensland’s state government announced its Boost to Buy shared equity scheme – a similar but separate initiative to the federal government’s Help to Buy scheme that’s due to launch later this year. This is great news for first-home buyers who don’t have access […]
Australians continue to spend more on groceries this year but new research from Compare the Market shows signs that savvy shoppers are starting to claw back some savings, with the average spend falling $7 last month. As of June 2025, the average Aussie spends $206.54 on groceries each week, equal to $10,740.08 annually.* This is […]
Motorists could save over a thousand dollars a year on car running costs and loan repayments by choosing an EV as their next car purchase, according to new analysis by Compare the Market. With Australians at a crossroads when buying a new car, the consumer comparison experts’ annual running cost study between three similarly priced […]
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