What happens if your home is underinsured?
If your home is underinsured, it means the value of your insurance policy doesn’t cover the costs it would take to replace it. In essence: your coverage isn’t enough.
If your home is underinsured, it means the value of your insurance policy doesn’t cover the costs it would take to replace it. In essence: your coverage isn’t enough.
It’s been close to eight years since the first Australian household was connected to the NBN in July 2010, but despite considerable political hubbub in the intervening years, close to four million households and businesses are now connected according to operator NBN Co.
According to the 2018 Clean Energy Council Australia Report, 2017 was a record year for the renewable energy industry.
In our inaugural Mozo Experts Choice NBN Awards, the Mozo Experts have applied their skills of analysis to working out which NBN plans offer Aussie households the best bang for their buck.
Often, saving up a lump sum home loan deposit is the toughest part of getting into the property market for young Aussie home buyers. One WA property developer has put a plan in place to make that a problem of the past, but is it all it’s cracked up to be?
Aussie parents are shelling out a collective $12.2 billion every year to support adult children who fail to leave the family nest, according to a recent Mozo survey.
Savvy shoppers have been waiting all year for this. Yes, that’s right, with June rapidly approaching so too are the end of financial year sales (EOFYS) that could see Australians snag a bargain on products as diverse as televisions to overseas holidays.
Stashing away a stack of cash in a good value term deposit might have been a surefire way to grow your nest egg in years gone by, but over the past 18 months saving rates have been on a downward spiral - until now that is.
Are you one of the many Aussies feeling the winter blues from your energy bill?
We get it, sometimes it’s too cold to get out of the shower on a cold night. But did you know those extra three minutes spent under the warm water could be adding $81 to your power bill?
I don’t know what it is, but there’s something oddly comforting about buying things you don’t need. And it’s even more comforting to know that there are so many people around the country who do the same.
Winter holidays are right around the corner and if you’ve got big plans to escape the chill you need to get your travel money sorted. But every traveller has different spending needs, so how do you know you’re getting the right travel card for your circumstance?
For many Australians, the term ‘credit history’ will elicit a yawn or perhaps a blank face. But given that our access to credit could shape everything from the homes we’re able to buy to the holidays we can take, it’s a facet of everyday finance that we’re being urged to better understand.
If the Banking Royal Commission has shown one thing, it’s that Aussies shouldn’t blindly trust that the big banks have their best interests at heart. But the good news is, if you’re feeling let down by the dodgy practices being brought to light, there is something you can do about it - switch.
New Mozo research has found that Aussies can save over $1,000 a year by swapping disposable items for reusable alternatives.
We’ve all been there. Nine questions deep into a life insurance questionnaire, with no end in sight, the will to continue is waning and your favourite social media feed is waiting in the tab next door. You quit.
The Mozo office is buzzing with the news: we’ve just announced the winners of our 2018 People’s Choice Awards.
Painting young Aussies as smashed-avo-eating, instagram-obsessed kids with an entitlement complex may have been a bit too harsh, ING’s new Millennial Homeownership Report has revealed.
Did you know that Australia pays the most for food anywhere in the world? More than New York and Hong Kong? That’s just one of the many things I learnt on last night’s episode of Eat Well For Less.
Many Aussies have had to tighten their belts lately, and seniors are no different - but the need to plan for a longer (and more expensive) retirement could be having a big impact on how older Aussies feel about leaving an inheritance for the next generation.
In less than 8 hours, Aussie credit cards will be put through the ultimate test of online shopping - Click Frenzy.
Whether it be your quarterly energy bill or annual car insurance premium, recent research has revealed that the chances are you’re paying for a portion of your household bills via BPAY.
We talk a lot about how important it is to find a great home loan deal, but do you really know what that means?
This week’s Federal Budget announcement - as it always does - caused a whole lot of controversy. But among talk of income tax cuts, changes to your superannuation and pension loan schemes, there was one hidden gem in Scott Morrison’s budget speech that has the fintech world talking.
Over the last few days, we’ve read about what the 2018 Federal Budget will mean for all types of Aussies.
When the First Home Super Saver Scheme (FHSSS) was first introduced, it was touted by Treasurer Scott Morrison as a plan that would help young home buyers “accelerate their savings by at least 30%.” But that won’t work if Aussies don’t know what it is or how to access it, Gateway Bank has suggested.
Much has been made of hamburgers and milkshakes in the lead up to the 2018 Federal Budget, but following its release by Treasurer Scott Morrison last night, did the budget end up delivering any mouth-watering morsels for Australian property owners?
Scott Morrison was the most featured face on Australian televisions last night after announcing the Government’s Federal Budget for 2018, which is likely to be the last one before we all head to the polls again for another national election.
A personal loan can be a handy and cost-effective way to achieve big milestones in your life, like buying your first car or renovating your home, not to mention extremely useful for consolidating existing debt or establishing a good credit history.
May is officially upon us and so is the chillier weather. But while some shoppers score a bargain at the winter knitwear sales, many Aussies instead look to add a hot home loan deal to their shopping list.
Australia’s largest online shopping destination and it’s most popular loyalty rewards program have announced a new partnership that’s set to see Aussies earn and redeem flybuys points with 40,000 Aussie retailers on eBay.com.au.
It’s no secret that Australians love to travel overseas, but while picking the next destination to tick off the bucket list may be an easy choice, selecting the perfect travel credit card or debit card to take along can be more difficult.
Whether it’s for a family member’s birthday or a top-up for the next semester, more and more Aussies are sending cash overseas. But while the task sounds simple enough, how do you know you’re getting great value from a provider?
Long-term savers may soon get some much-needed relief, with term deposit rates trending upward, and an innovative new product from Bank First recently hitting the market.
Upon looking into the Mozo database, it appears that a few lenders are trying to direct our attention to the financial blindspot that is car loans.
With predictability to rival a Japanese train, the Reserve Bank board has announced a 19th consecutive hold for the official cash rate which remains at a record low 1.50% following today’s meeting in Sydney.
While the warm weathers appears to be on the way out, the Aussie property market is showing no sign of cooling down.
Eek, Australia! Way too many of us are passing up the opportunity to approach a rival insurer and snag a cheaper premium on our home or car insurance policies at renewal time, according to market researcher, Roy Morgan.
The Banking Royal Commission loomed large over April with a host of Australia’s biggest banks put through the wringer, but, believe it or not, there was a bunch of other finance news that hit the headlines.