Insurance premium increases as high as 58% have prompted warnings Australians could be missing out on hundreds of dollars in savings by failing to shop around. New research from Compare the Market shows 43% of Australians surveyed have experienced bill shock after receiving a higher than expected charge.* Brisbane man Matthew was shocked to find […]
David “Kochie” Koch, Compare the Market Economic Director, has joined forces with Meerkat duo Aleksandr and Sergei for Compare the Market’s exciting new campaign, ‘Wake Up Australia’. It comes as everyday Australians continue to struggle amid the ongoing cost-of-living crisis, with high bills continuing to push finances to the brink. The new integrated marketing campaign […]
New survey reveals 72.1% of Australian households have not updated their contents cover since purchasing a major household item. Older Australians tend to update policies more frequently. Tasmanian households found to have the highest median contents valuation nationally. Australian households have been found to be largely not up to date with their contents insurance. That’s […]
Millions of Australians with private health insurance could be paying more for their policies this year with Compare the Market’s Economic Director, David Koch, warning of a “perfect storm” putting pressure on premiums. Health Minister Mark Butler has asked private health insurers to come up with a more “reasonable” proposal to reduce the strain on […]
Australians are forking out over $1,000 more a year on groceries now than they were at the same time last year, with new Compare the Market research revealing groceries are now the most worrisome bill for Aussie households.* The research found that the average Aussie now spends $213.64 on groceries every week, equal to an […]
Toyota maintains its position as the most searched car brand in Australia Tesla took second place, while Mazda was still in third Toyota was the most searched car brand across the globe but its lead over Tesla is shrinking, with Tesla predicted to take over as early as 2031 In Compare the Market’s seventh annual […]
New research from Compare the Market reveals Australian ambulance fees are some of the highest in the world The average cost of an ambulance in Australia is $915.25, with a $/km average charge of $6.07 Ambulance journeys are not covered by Medicare, and rules and fees differ by state and territory Ambulances are crucial as […]
Brisbane ranked second best in cost-of-living friendly cities index, ahead of Melbourne and Sydney Seoul topped the study out of 42 capital cities studied Home loan comparison experts analysed 11 different cost-of-living factors A new index by Compare the Market has found Brisbane is the second-most cost-effective city to live in globally – thanks in […]
Despite a rise in reported break-ins across the country, recent Compare the Market research has revealed more than a third of Australians still hide a spare key. According to Compare the Market’s latest data, 36% of adult Australians hide a spare key somewhere outside of their home.* Of those that hid a spare key, the […]
The average cost to insure a house and car has exceeded $4000 in three capital cities, with the highest combined average in Sydney at $5300 according to Compare the Market’s new Insurance Quote Index. The quarterly index draws upon hundreds of quote search results to understand the average cost of insurance for a common car […]
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