Disappointed homeowners hoping for mortgage relief from the Reserve Bank have been urged to negotiate their own rate cuts or switch to cheaper rates – a move that could save some borrowers hundreds of dollars on their monthly repayments. Compare the Market Economic Director David Koch said the cash rate hold was a let down […]
New research has revealed that electricity prices have started to broadly fall across the globe, following the jump in prices for many countries across the 2020’s, especially within Europe. That’s according to a new study by Compare the Market, which has looked at how residential electricity prices have fluctuated since 1980, across 29 different countries. […]
This is going to hurt. Around 15 million Aussies with some form of private health care cover are about to feel the pinch of another rate rise on 1 April. The government has approved an industry average price increase of 3.73% – the biggest hike since 2018 and a kick in the teeth as Aussies […]
A cash rate cut at next week’s RBA board meeting would be a lifeline for mortgage holders looking to get their savings back in the green. According to a Compare the Market survey of over 1,000 Australians, around a third (29%) would use relief from a cash rate cut from the RBA next week to […]
Bill relief and tax cuts announced in yesterday’s budget will be “gobbled up quickly” by rising costs and continued mortgage pressure, according to Compare the Market economic director David Koch. While any relief would be welcomed, Mr Koch said the government had missed an opportunity to funnel greater support to vulnerable people and regular working […]
One in five Australians are financially cheating on their loved ones by lying to them about money, according to recent research from Compare the Market. Of the 21% of Australians surveyed who admitted to fibbing to their partner or family about finances, a third (33%) said they were dishonest about what they spend their money […]
Urgent reform is needed to better support expectant mothers and save maternity wards at risk of closure due to rising treatment costs and a shortage of specialists. Compare the Market Economic Director, David Koch, is calling on the government to rethink the private health tier system, in light of a growing number of services closing […]
With the fitness craze taking over the world, as shown by ‘fitness’ tag being the third most used on TikTok in 2020, amassing over 56 billion pieces of tagged content, Compare the Market wanted to find out which countries really are the most fitness focused. To do this, they ranked 20 countries around the world […]
Three-quarters of Australians say they’ve been shocked by the price of their energy bills over the past three months, according to new research from Compare the Market.* It comes as the Australian Energy Regulator (AER) has released its draft decision for the default offer that will apply in South East Queensland, New South Wales and […]
The majority of Australians have paid hundreds out-of-pocket for desexing their pet, according to a new study by Compare the Market. The pet insurance comparison experts – who surveyed a nationally representative sample of more than 1,000 Australians – found 65% admit to paying for a desexing procedure, while 19% said their pet insurance policy […]
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