Australians with private health insurance are being warned that their premiums are about to increase again, with the Federal Government today confirming another round of health insurance premium increases. From 1 April, private health insurance premiums will increase by an industry average 3.73%. But it’s vital for Australians to understand that this is just an […]
It takes two to tango if you’re pursuing the Australian dream of homeownership according to Compare the Market, with new analysis finding less than 1% of metropolitan suburbs are affordable* for single people on an average salary. The experts used CoreLogic’s median property data to calculate average repayments for 2,163 capital city suburbs, and found […]
Cost-of-living pressures have forced nearly one-in-four Australian motorists to delay or stop essential car maintenance, according to a new study by Compare the Market. The car insurance comparison experts’ nationally representative survey of more than 1,000 Australians found 19% admit to servicing their car less often, while 4% have alarmingly stopped getting their car serviced […]
Compare the Market’s Economic Director David Koch has commended the Reserve Bank of Australia’s (RBA) move to cut interest rates by 0.25% at today’s board meeting, saying the move could leave an extra $100 in the pockets of some mortgage holders if passed on by lenders. The nation’s leading economists had largely tipped the RBA […]
Aussie homeowners are rejoicing following the Reserve Bank decision to drop the cash rate 0.25% at February’s meeting. The move could reduce monthly repayments on an average loan of $642,000, by $104 – or around $1,248 over the course of the year according to analysis by Compare the Market. But whether or not customers feel […]
Australian families could pocket or miss out on hundreds of dollars in savings depending on a series of recent and upcoming pricing decisions from authorities, according to Compare the Market Economic Director David Koch. Mr Koch said three big events – the Reserve Bank’s recent rate cut decision, the energy regulators’ draft pricing announcements, and […]
The tide may slowly be turning on the cost-of-living crisis, with new research from Compare the Market revealing fewer people are imposing lifestyle lockdowns to combat rising expenses in 2025 compared to 2024. The research found that 71.2% of Aussies planned on making lifestyle changes over the next 12 months amid the cost-of-living crisis – […]
Young Australian drivers, aged between 18-26 years old are found to be among the most reckless and least insured on our roads. That’s according to a new study by Compare the Market, in which more than 3,000 respondents from across Australia, America and Canada were surveyed. New survey reveals 20.4% of young Australian drivers reported […]
There’s a lot of pressure to buy a house, and half of us are buying homes that we come to regret. A new survey by Compare the Market reveals that 39% of Aussies have at least one regret about the home they bought. Almost 40% of homeowners have regrets about the house they bought Not […]
The true impact of the cost-of-living crisis has been laid bare in new research from Compare the Market, which reveals that one in five Australians have less than $100 in their savings account.* A worrying 18.7% of Australians surveyed reported having $100 or less to their name, with high grocery prices, rising insurance premiums and […]
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