Owning and buying a property could now be more affordable than the median price of rent in a number of Australian suburbs, after the national median surpassed $600 a week. New Compare the Market analysis shows mortgage repayments on a $400,000 loan, at an interest rate of 5.99%, could be as low as $552. While […]
It’s a safe bet to say that we’re a pet-loving country, yet, new research from Compare the Market has found that we may not be taking care of our pets as much as we should. The latest findings from the pet insurance comparison site found that almost two in five pet owners ( 39.2%) had […]
With reports of youth crime continuing to impact communities across the nation, new research from Compare the Market has revealed the security measures Australians are implementing to protect their homes. The latest data found that 41.4% of households have taken precautions within the last 12 months to safeguard their property against youth crimes. This follows […]
A staggering number of young Australians have relied on the Bank of Mum and Dad (BOMAD), their family, friends or partners to beat the cost-of-living crisis, according to a recent Compare the Market survey.* More than half of Gen Z (51%) and almost a third of Millennials (31%) had asked their families for help with […]
The cost of buying a home in our capital cities is now 14 times our annual income, up from 5 times the annual income from 1990.1 Compare the Market Economic Director David Koch said wage growth had not been commensurate with eyepopping house prices. “It’s hardly controversial to say Baby Boomers had it better than […]
It’s the savings hack that could save you tens of thousands of dollars – and help you shave years off your loan – but still thousands of Australians don’t know how to use an offset account. Compare the Market Economic Director, David Koch, said that while interest rates remained high, offset accounts could help mortgage […]
The power of comparison has been laid bare in a shopping experiment that revealed a cost difference of close to $100 between two similar baskets of everyday staples. Compare the Market purchased 25 common grocery items from one major supermarket and 25 similar items from one challenger store and found around a $97 difference between […]
They’re the world-renowned meerkat duo helping Australians navigate the cost-of-living crisis, and now Compare the Market’s Aleksandr and Sergei are shining a light on the next big household bill – energy. The campaign celebrates the launch of Compare the Market’s improved energy journey helping Aussies compare prices in a matter of minutes. Far too many […]
With National Road Safety Week underway, new research from Compare the Market has revealed the nation’s most hated action on our roads. The research conducted by the car insurance comparison site found that tailgating is the biggest pet peeve, with one in five drivers stating that they find this behaviour infuriating.* Not indicating correctly and speeding rounded out […]
Hotter-than-anticipated inflation data may have slashed homeowners’ odds of a rate cut this year, according to Compare the Market Economic Director David Koch. But homeowners continue to cross their fingers for some early relief. Compare the Market found a 0.25% rate cut alone could cut monthly repayments on a $600,000 by just under $100. Mr […]
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