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Press releases

Feb
23
2022

43% of households concerned about damage as wild storms inundate NSW and QLD

The Bureau of Meteorology (BOM) has warned that parts of New South Wales will be hit with severe thunderstorms, intense rainfall, damaging winds and life-threatening flash flooding in the coming days.  Meanwhile, parts of South East Queensland have also been warned of intense rainfall and flash flooding. It comes as recent data from Compare the […]

Feb
22
2022

Compromising lifestyle to purchase property is buyers’ biggest regret

Nearly half of Australians experience buyer’s remorse after purchasing a property, with lifestyle compromises hurting the most, according to new research from Compare the Market. A survey of more than 500 people who bought property between 2017-2021 revealed 45% regretted something about their purchase, with about a fifth (21%) lamenting lifestyle changes or having to […]

Feb
21
2022

Sleepiest Australian cities revealed

Nearly 10% of Aussies are getting less than 4 hours of sleep each night with an average of just 6.4 hours per night around the country, according to a survey by Compare the Market. Gold Coast and Wollongong are our most rested cities with Perth burning the midnight oil as Australia’s least rested, surviving on […]

Feb
18
2022

Draft guidelines shed light on what a “sun tax” could mean for solar customers

Last year, the Australian Energy Market Commission (AEMC) passed a controversial plan that will see demand-based pricing introduced for solar panel owners who export electricity back to the grid. While electricity retailers currently pay customers with solar panels to send electricity back to the grid, the new plan will also see customers charged at certain […]

Feb
15
2022

With credit card interest rates not budging, Australians take matters into their own hands

Australians aren’t waiting for credit card interest rates to go down to start paying off their debts, new data shows. Compare the Market’s analysis of the latest Reserve Bank credit card statistics for December 2021 shows another marked decline in balances accruing interest (aka debt) on credit cards, continuing the trend that’s been accelerating since […]

Feb
14
2022

Families feel the heat of summer energy bills but could reprieve be on the way?

Families are feeling the burn of heated energy bills this summer, but reprieve may finally be on the way with prices expected to drop later this year. Compare the Market’s latest Bill Shock Tracker survey of 1000 Australians found 45% had received a shock bill that was higher than expected over the past three months with 71% of those people pointing to electricity or gas bills as the culprit. Families may be feeling […]

Feb
14
2022

Roses are red but money is making us blue this Valentine’s Day

Pockets full of cash – not roses – may be the best way to woo your sweetheart this year. Financial stress is rising in a growing number of households, with a third of Australians now bickering about money according to Compare the Market’s Bill Shock Tracker Report. The quarterly survey carried out in December revealed […]

Jan
31
2022

Why you should be preparing for an RBA cash rate increase in 2022

The Reserve Bank will hold its first meeting for 2022 on 1 February. There’s growing speculation that the board will opt to increase the cash rate at some point this year. Speaking ahead of the announcement, Compare the Market spokesperson William Jolly urged homeowners to prepare now to avoid a shock in the months ahead. […]

Jan
21
2022

Toyota reigns supreme as world’s most desired car

Google Trends data analysed by Compare the Market have revealed that Toyota is the world’s most searched car brand for the second consecutive year The Japanese car manufacturer was the top search term in 47 out of 154 countries for 2021 Toyota has held the title for 3 out of 4 years that Compare the […]

Jan
19
2022

Yes, Australia can have tsunamis. But does your insurance cover them?

This week Australia received its first tsunami warning in 11 years.1 For many coastal homeowners, it’s the first time they’ve had to think about whether their home is adequately insured for such an inundation. According to the Bureau of Meteorology (BOM), there have been over 50 recorded incidents of tsunamis affecting the Australian coastline since […]

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Chris Ford
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M: 0411 560 116

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M: 0401 044 292

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