Phillip Portman

1 month ago | comparethemarket.com.au | Sarah Orr |Phillip Portman

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 on.

2 months ago | comparethemarket.com.au | Meredith O'Brien |Phillip Portman

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 release its draft decision for the default offer that will apply in South East Queensland, New South Wales and South Australia on Thursday 13 March, projecting price increases across all regions.

2 months ago | comparethemarket.com.au | David Koch |Phillip Portman

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 average and that the actual amount your premiums change will be specific to your health insurer and individual policy.

2 months ago | comparethemarket.com.au | David Koch |Phillip Portman

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 to lower the cash rate from 4.35% to 4.10%, with Kochie calling the move a major win for Australians.

2 months ago | comparethemarket.com.au | Chris Ford |Phillip Portman

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.