News Archive for June 2023

June 2023

Australia s best insurance

Australia’s best insurance: car, pet, life, home and travel

Finding the right insurance policy at a fair price with all the coverage and features you need can be an overwhelming task. That's why, each year, Mozo's team of experts brings their 70 years of combined financial experience to assess and identify the best insurance policies in Australia for the Mozo Experts Choice Insurance Awards.Close to 200 insurance policies have been analysed across car, home, landlord, life, and pet insurance to identify the top value and quality options. According to Mozo's research, Australians could be paying hundreds of dollars extra in premiums for like-for-like insurance policies depending on the insurer they choose.Committed to helping you make an informed decision when choosing an insurance policy that suits your specific needs, our Judges reviewed and identified some of the standout winners that offer competitive pricing and comprehensive coverage. Whether it's car, home, landlord, life, or pet insurance, we have you covered.Our in-depth review of the winning policies are here to help you compare and choose the right coverage to protect your assets and loved ones and assist in navigating the complex world of insurance.Browse our Mozo Experts Choice Insurance Awards winners today and take the first step in securing your financial future.

Read More
Home insurance myths busted what you need to know

These home insurance switching myths could be costing you money

Home insurance is one of the most important investments a homeowner can make to protect themselves from financial loss due to damage or theft. But too often buyers and existing property owners are often confused or misinformed about what they need to do to get the best deal.

Read More
Check in on your energy spend and avoid energy bill shock

Compare energy providers and avoid bill shock this winter

Winter is here, and unfortunately along with it higher energy bills. The Australian Energy Regulator recently issued its decision on the default market offers that set the baseline for retailers, and since July electricity prices have risen by up to a quarter in some states. This means that now is the time to check that you’re not spending more than you need to on heating your home. While turning down the heating or forgoing the electric blanket on some nights is bound to save you some money on your household energy bill, the biggest savings could be accessed by switching to a better value plan.How much could you save? Well, our researchers found that on average, households could save $447 per year for residential electricity and $274 per year for residential gas by comparing providers^.If you are dreading the impact power hikes might have on your own electricity and gas bills this winter, it makes sense to do a quick price review. Try our Free energy plan comparison service to compare some options available in your postcode and see if you could save by switching.

Read More
Inflation

What is inflation?

Inflation is the rate at which prices for goods and services rise, and, consequently, the purchasing power of cash falls. Central banks, like the Reserve Bank of Australia (RBA), attempt to limit inflation by raising the cash rate which, in turn, helps keep the economy running smoothly.

Read More
The regional banks winning over big city customers on their home loans

The regional banks winning over big city customers on their home loans

If you've been shopping around for a home loan or looking to refinance your existing mortgage, you may be overlooking some of the best options available to you. While the big city banks dominate the market, some homebuyers are turning to regional-based banks and online lenders for their great rates, customer-focused values, and exceptional service.

Read More
Insurance expert answers your silliest car insurance questions

Insurance expert answers your silliest car insurance questions

For all vehicles in Australia, car insurance is a necessary expense. But not every driver is an insurance expert, and not every product disclosure statement is a good read. These vital documents can be riddled with weird T&Cs and jargon, which has led to much confusion (and amusement) online.

Read More
Three essential features of a mobile plan

3 important things your mobile plan should do

Many mobile plans come with fancy bells and whistles – and many more include a standard set of features. Gone are the days when call minutes and SMS limits truly matter. Everything comes bundled automatically now!

Read More
New evs on the aussie scene polestar 2 and byd dolphin

New EVs on the Aussie scene: Polestar 2 and BYD Dolphin

Electric vehicles (EVs) have been giving us Aussies those electric feels, even if they are synonymous with the Twitter-Tesla-space-guy Elon Musk. The sales growth for EVs in Australia was exponential over the last 12 months, with an increase of 778.3 per cent!

Read More
The myths your energy provider wants you to believe

The myths your energy provider wants you to believe

Energy prices are about to get a whole lot more expensive, with new default market offers from the Australian Energy Regulator set to raise bills by up to nearly 25%. If you haven’t considered switching providers, you could be leaving money on the table.

Read More
Articles

Is $500 enough to get started when investing in shares?

Getting started with investing can seem a bit overwhelming, especially when you don’t even know where to begin. Not only that, but it can sometimes feel like you need to have loads of money to even think about starting—but is that true?

Read More
June 2023 financial checklist

June 2023 Financial Checklist

June 2023 has arrived, folks! With a change of seasons, the end of the financial year and *gulp* Gemini season – your favourite monthly read couldn’t have come at a better time!

Read More
How does property inheritance work

How does property inheritance work?

The passing of a loved one can obviously be very challenging and sometimes comes with the additional strain of handling family personal affairs. One such area of concern can be an inheritance. While it can be emotionally difficult, it’s important to know what you need to keep in mind when you’re looking at property inheritance.

Read More
June home loan snapshot has the home loan rate war ended

June home loan snapshot: Has the home loan rate war ended?

Last month, the Reserve Bank defied expectations with an additional 0.25% hike to the official cash rate. Lenders soon jumped at the opportunity to lift their interest offers on variable home loans – with some outrunning even the RBA with 35 - 50 basis point jumps.

Read More

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011