Compare The Market Australia

1 day 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.

1 week ago | comparethemarket.com.au | David Koch

So, you’ve just got a pay rise – what’s not to celebrate? Well, if you’ve been bumped over $97,000, it turns out you may need to pay an extra charge at tax time. It’s like that metaphorical black fly in the chardonnay Alanis Morissette was singing about. The Medicare Levy Surcharge – aka the MLS – is a tax intended to encourage Aussies to take out private hospital cover, to help relieve pressure on the public system.

1 week 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.

1 month ago | comparethemarket.com.au | Lachlan Moore |Adrian Taylor

Losing luggage during a holiday is a nightmare situation that travellers hope to never encounter. According to a new study by Compare the Market, this nightmare scenario is more common than travellers might think.

1 month 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.