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2 weeks ago | 
comparethemarket.com.au | Phillip Portman
Winter is here and as temperatures begin to plummet around the country, worrying new research from Compare the Market reveals that a third of Australians will shun heating to beat soaring electricity prices.*New research from the comparison service found 34.8% of Australians surveyed said they would use their heating less in a bid to pay less for electricity.
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1 month ago | 
comparethemarket.com.au | Meredith O'Brien |Phillip Portman
Compare the Market is encouraging Australians to compare their electricity plans and move to cheaper offers if they can, after the Australian Energy Regulator (AER) today confirmed that electricity pricing changes for the will be implemented from 1 July.
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1 month ago | 
comparethemarket.com.au | Phillip Portman
The Reserve Bank of Australia has confirmed that it will drop the cash rate by 25 basis points at May’s board meeting. While most banks are expected to pass on the rate cut in full, Compare the Market’s Economic Director David Koch warned that homeowners shouldn’t misplace their confidence in lenders. “Rates may be starting to drop but that doesn’t guarantee you’re getting a good deal, especially if you haven’t refinanced in a few years,” Mr Koch said.
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1 month ago | 
comparethemarket.com.au | David Koch |Phillip Portman
Compare the Market’s Economic Director David Koch is confident that the Reserve Bank of Australia will slash interest rates again next week, in a move that could leave thousands of dollars more in the hands of some mortgage holders each year. A 0.25% rate cut would significantly impact the household budget. Someone with a $666,000 mortgage would pocket an extra $106 each month if their bank passed on the rate cut. Over a year, that’s an additional $1,272.
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1 month ago | 
comparethemarket.com.au | Phillip Portman
Reviewed by Economic Director, David Koch Aussie homeowners are set to “stash” rather than “splash” savings from a widely expected RBA rate cut next week, with new Compare the Market research showing most will boost savings or offset accounts—or keep repayments unchanged. A borrower with a loan of $666,000 would pocket around $100 a month or more than $1,200 a year with a 0.25% rate cut. The amount would double if the RBA slashes rates by 0.50%, which some economists are predicting.
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1 month ago | 
comparethemarket.com.au | Phillip Portman
Compare the Market is encouraging anyone travelling overseas to lock in travel insurance as soon as possible before their trip amid a growing measles outbreak in the United States of America. The calls come after the government’s Smartraveller website advised that increased cases of the highly contagious disease are also being reported across some of the world’s most popular travel destinations, including, but not limited to, India, the Philippines, Bali, Thailand, Vietnam and Africa.
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1 month ago | 
comparethemarket.com.au | Phillip Portman
As the value of the Aussie dollar tumbles and international travel becomes more expensive, new research from Compare the Market has revealed that a third of Aussies have no plans to change their upcoming overseas holidays.* However, many will switch to domestic trips, impose spending budgets or take shorter breaks to recoup costs. New research revealed that 33.2% of Australian travellers surveyed said the weaker Australian dollar had not impacted their overseas travel plans in any way.
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1 month ago | 
comparethemarket.com.au | Phillip Portman
The ongoing cost-of-living crisis is causing more Aussies to sniff out bargains at the supermarket, with new research from Compare the Market revealing that half of shoppers have switched to generic brands in the last 12 months. And the savings could be significant, with analysis showing shoppers could save an average of 41% when switching to generic brands.
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2 months ago | 
comparethemarket.com.au | Phillip Portman
Sydney families looking to splash cash on showbags at this year’s Easter Show are in for a royal saving, with new research from Compare the Market revealing it’s cheaper in many cases to buy a bag at the show than it is to purchase the same items at the shops. Compare the Market crunched the price of items in 15 popular bags available at this year’s Showbag Pavilion vs what the identical products would cost at the supermarket.
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2 months ago | 
comparethemarket.com.au | Phillip Portman
Australians looking to satisfy their sweet tooth this Easter are in for a shock, with new Compare the Market research revealing that the price of common Easter treats and snacks are up around 10% on average compared to last year. The research comes as the Prime Minister promises a crackdown on supermarket price gouging if he’s re-elected in May.
