Borrowing power has plunged over $260,000 for some Australians families, trapping many mortgagees that can’t qualify for better rates, and hampering house hunter hopefuls. But Compare the Market Economic Director David Koch said lenders had been much more cautious to account for the risk of recession and higher rates that could impact long-term serviceability. “Fixed […]
Families desperate to break into the property market this year may need to compromise, with shrinking listing numbers and rising prices confining buyer choice, according to Compare the Market property expert Andrew Winter. But new research from Compare the Market shows there are some features house hunters will never budge on and in most cases […]
The cost-of-living crisis could be hurting more than just the hip pocket, with alarming new research from Compare the Market revealing that one in five Australians aren’t seeking treatment for their health issues due to a fear of high medical bills.* Meanwhile, more than half of the population (54.7%) admit they avoid seeking medical help […]
With the first-ever Disney cruise to set sail from Australian waters this week and Virgin launching its much-hyped ‘adults only’ Virgin Voyages in December, Compare the Market warns that a little-known rule may catch out holidaymakers unless they understand their travel insurance coverage and exclusions. Even if your cruise doesn’t technically leave Australian waters, many […]
While the internet has changed the way we shop forever, alarming new research from Compare the Market reveals that 46.7% of Australians who have made an online purchase in the last 12 months have had issues with their delivery. And, with hundreds of thousands of Australians shopping up a storm with Christmas just around the […]
With just a few months until the jolly man in red arrives for another year, new research from Compare the Market has revealed that many Australians are preparing for a frugal festive season as the cost-of-living crisis rages on. In light of rising energy bills, soaring rental prices, higher costs at the grocery store and […]
No one wants to buy the same product for a markup at the supermarket, especially when the cheaper alternative may be just as good, if not better. Yet, the latest research from Compare the Market shows that almost one in four car insurance policyholders (22.5%) could be throwing away money by staying with the same […]
Paris is known as the city of love and lights, but your dream holiday to the French capital could turn into a nightmare, with a bed bug infestation causing chaos across the city. And with the Olympics on the horizon and a number of world-class events like Paris Fashion Week and the Rugby World Cup […]
With petrol prices hovering well above the painful $2/litre mark in many parts of the country and experts predicting that high prices will remain for the rest of the year, new research from Compare the Market has revealed that almost two-thirds of people (64.4%) have changed their driving habits*. In fact, as many as two […]
The home loan interest rate grenade is set to blow for millions of borrowers this year, despite the Reserve Bank of Australia (RBA) putting the cash rate on hold again today. Compare the Market’s Economic Director David Koch said many fixed rate borrowers could soon feel the pain of 12 cash rate rises after enjoying […]
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