Compare Car Insurance in Australia

Australian Car Insurance One of the good things about car insurance throughout Australia is the openness and competition between insurers. The motorist is given a [...]

POSTED ON August 6, 2019
Car Insurance Brokers

Brokers Millions of people who own a car arrange the insurance of their car directly with the insurer. But there are many drivers who choose [...]

POSTED ON December 6, 2010
Cheap Car Insurance

The Price of Car Insurance There are many things to know about car insurance and one of them is price. There is very little use [...]

POSTED ON December 6, 2010
Car Insurance WA

Insurance in Western Australia When an insurer designs their car insurance policies and premiums, they take many things into consideration. The first thing you should [...]

POSTED ON December 6, 2010
Car Insurance Companies

Car insurance companies work like most other businesses. They offer a service, in this case insurance for your car, and aim to write as many [...]

POSTED ON December 3, 2010
Comprehensive Car Insurance

Car insurance need not be confusing. There are many aspects including the different types of motor insurance but within each type or category, the rules [...]

POSTED ON December 3, 2010
Comprehensive Car Insurance Comparison

Car Insurance When looking to obtain comprehensive car insurance, shopping around is sound advice. This fact is true for a number of reasons as you [...]

POSTED ON December 3, 2010
Banks to add more to RBA rate rises

Borrowers are likely to be slugged by more rate rises from RBA and more margin expanding rate rises from the big banks as well. The [...]

POSTED ON November 2, 2009
Switch your lender & save $3,800

Over the last 14 months of the GFC, many people moved their money and their business to a big four bank. Many people could simply [...]

POSTED ON November 2, 2009
Four steps to switching banks

Switching bank accounts to a new bank is easier than it has been in the past, but can still be a complex process. ASIC and [...]

POSTED ON November 2, 2009
Fee changes to all transaction accounts

Almost all banks, credit unions and building societies have announced changes to the fees they charge their credit card, loan and account customers. Now may [...]

POSTED ON November 2, 2009
Banks trying to connect with customers

ANZ, Westpac and NAB have launched new marketing programs recently all trying to reconnect with their customers and communities. ANZ have re-fashioned their signage with [...]

POSTED ON November 2, 2009
Most borrowers reject fixed rates

Most homeowners are choosing to stick with their variable rate mortgages with only ten per cent saying they are opting to fix their rate now. [...]

POSTED ON November 2, 2009
Aussies are stashing their cash

The first national study by Westpac into the social effects of the global financial crisis shows more than 32% of Australians are cocooning in the [...]

POSTED ON November 2, 2009
School tuckshops take credit cards online

Parents at some schools are paying for their children’s lunches online with their credit card to avoid having to give their children money. Holy Cross [...]

POSTED ON October 6, 2009
Aussie share obsession cuts our wealth

Australians lost almost twice as much money during the global financial crisis as people in other countries according to the 2009 global wealth report, by [...]

POSTED ON October 6, 2009
Ten million online bankers

Almost 10 million Australians visited their online internet bank each week, but more visit and spend much more time on social networking sites such as [...]

POSTED ON October 6, 2009
Less competition in banking

National Australia Bank yesterday acknowledged to a senate committee hearing in Melbourne that banking consumers' choices had narrowed in the past year. “I think it's [...]

POSTED ON October 6, 2009
Auction continue to deliver results

There were only 171 auctions listed in Sydney on the October long weekend but the clearance rate improved to 72.5 per cent from 62 per [...]

POSTED ON October 6, 2009
Competition returning to mortgage market

NAB, ANZ and second tier lenders all managed to claw back mortgage market share in August. ANZ said they have improved turnaround times on mortgage [...]

POSTED ON October 2, 2009
Borrowers head to Commonwealth in August

The growth story in the loan market remains that of Commonwealth Bank, which lifted its lending by 1.2 per cent over the month of August [...]

POSTED ON October 2, 2009
200,000 Ford car loans sold to Macquarie

Macquarie Leasing will take over the servicing of the Ford loans by January 2010. The portfolio covers around 200,000 vehicles and adds to the bank’s [...]

POSTED ON October 2, 2009
Savings tax to be slashed

The federal government’s Henry review into taxation is set to recommend that tax on savings should be slashed. Ken Henry said yesterday that a middle [...]

POSTED ON October 2, 2009
Savers want good rates and no fees

Bank customers are fed up with fees on savings accounts and want to be rewarded with higher rates for saving regularly, according to a new [...]

POSTED ON October 2, 2009
RaboPlus to launch bonus saver account

RaboPlus will add a bonus saver account to its product portfolio to be launched next week. It will pay five per cent interest to customers [...]

POSTED ON October 2, 2009
Banks deny rate rise plans

Speculation is continuing that the big banks are planning to raise interest rates on variable rate mortgages independently of the Reserve Bank. Banks are continuing [...]

POSTED ON October 2, 2009
Grants cut down but sales to hold up

First home buyers of new homes will be entitled to $14,000 of federal government assistance from today, October 1, down from the $21,000 grant paid [...]

POSTED ON October 1, 2009
ME’s Online Savings Account ahead of the pack

ME Bank’s Online Savings Account has won the Australian Financial Review Smart Investor Blue Ribbon Awards 2009, Overall Savings Account Category. Savings products from over [...]

POSTED ON October 1, 2009
InfoChoice more popular than ever

Traffic to the InfoChoice website has grown 56 per cent from January to June 2009. InfoChoice.com.au remains Australia’s most popular banking product comparison website as [...]

POSTED ON August 31, 2009
50,000 seek hardship relief

More than fifty thousand Australian households have been given hardship relief by major banks in the past year. Westpac, St George, ANZ, National Australia Bank, [...]

POSTED ON August 31, 2009
Government checks up on bank rate rises

Sources within the major banks say the federal Treasury rang around all major banks last week to check on rumours that they are planning on [...]

POSTED ON August 31, 2009
Be prepared for higher rates says RBA

Homebuyers have to be prepared for higher interest rates says the governor of the Reserve bank, Glenn Stevens. Stevens told a parliamentary hearing that rate [...]

POSTED ON August 17, 2009
NRMA to compete against NRMA

NRMA is investigating setting up a new insurance brand to subsidise its road service operation, six years after spinning off and listing NRMA insurance. The [...]

POSTED ON March 23, 2006
Speeding fines overlooked by insurer

A Queensland car insurance company may not penalise motorists caught by speed cameras primarily used in Victoria. Australian Insurance Holdings said there were a growing [...]

POSTED ON January 24, 2005
Cheaper car insurance not so good for profits

Insurance companies are back-tracking on previous promises that insurance premiums would hold firm, with evidence of premium discounting by many insurers in segments such as [...]

POSTED ON January 10, 2005
Bogus insurance claims common

Low-value deceit in consumer insurance claims costs the insurance industry $832 million in 2003, an analysis by the Economist Intelligence Unit has found. The EIU [...]

POSTED ON November 18, 2004
Insurers resume the discounting cycle

Investment bank JP Morgan and consultancy Deloitte Touche Tohmatsu have forecast that insurance premiums could decline by between 10 per cent and 15 per cent. [...]

POSTED ON October 28, 2004
FSR weakens insurance commissions laws

Reforms of financial services laws in Australia earlier this year appear to have made legal the style of commissions for insurance brokers that were previously [...]

POSTED ON October 28, 2004
APRA finally punishes FAI and HIH executives

The Australian Prudential Regulation Authority has disqualified ten insurance executives from working in senior jobs in the industry under the "fit and proper" test. All [...]

POSTED ON October 18, 2004
IAG and QBE cuddle up

Speculation has resurfaced that Insurance Australia Group may merge with QBE, with investment bank advisers rumoured to be working on a friendly merger proposal. IAG [...]

POSTED ON October 6, 2004
Risk expected to keep premiums up

General insurance premiums are unlikely to fall in the near future despite record company profits, according to KPMG. Shareholders are pressuring insurers to cover risks [...]

POSTED ON September 8, 2004
Trail commissions: Whose hands in your pocket?

Every year, financial advisers, brokers, agents and salespeople earn an average of $1,851.25 from each Australian through trailing commissions. These commissions are paid on everything [...]

POSTED ON July 5, 2004
Car insurers basking in the sun

Car insurers are heading for another year of bumper profits in 2004 as dry weather brings fewer accidents and claims. In 2003, the big insurers [...]

POSTED ON June 18, 2004
ASIC moves on foreign insurer

The Australian Securities and Investments Commission has obtained court orders to wind up Solomon Islands-based International Unity Insurance and its local agent, International Unity Insurance [...]

POSTED ON June 3, 2004
QBE lashes out $765m for ING

QBE Insurance will buy the general insurance businesses of ING for up to $765 million, adding $650 million in gross written premiums for QBE annually. [...]

POSTED ON May 14, 2004
Premiums may fall this year

Australia's largest general insurers expect that rates will be hit due to increasing competition. Wesfarmers said last Friday it expects competition in the June renewal [...]

POSTED ON May 11, 2004
Pay insurance as you drive

Insurance Australia Group wants car registration costs and compulsory third party insurance to be linked to the number of kilometres driven in a year. IAG [...]

POSTED ON May 4, 2004
Queenslanders to get cheaper CTP insurance

The Queensland Government will force insurers to pass on to car owners the savings made from its major liability insurance reforms. The State Government decided [...]

POSTED ON April 2, 2004
Insurance brokers to get more expensive

Buying insurance from brokers is likely to become more expensive due to additional administration and compliance costs flowing from the Financial Services Reform Act. Smaller [...]

POSTED ON March 8, 2004
Big banks will bet on insurance

The Big Four banks are likely to turn to general insurance as a way to grow their non-banking products, according to Suncorp Metway. CEO John [...]

POSTED ON March 8, 2004
Insurer drops speed fine questions

AAMI will drop a question on its car insurance application forms asking drivers to declare speeding and red light infringements. An explosion in the number [...]

POSTED ON February 19, 2004
NRMA discriminates, court told

A group of more than 200 "non-preferred" car repairers has taken NRMA Insurance to court, alleging breaches of the Trade Practices Act. NRMA classifies its [...]

POSTED ON February 5, 2004
Suncorp branches South and West

The Queensland-based Suncorp is spreading its presence nationally with the opening of its first branches in South Australia and Western Australia. Now 157 branches strong [...]

POSTED ON December 18, 2003
Big profits won’t keep lid on premiums

Despite insurers posting near-record profits policyholders won't be enjoying lower premiums, according to a JPMorgan and Deloitte Touche Tohmatsu survey of 27 insurers. The report [...]

POSTED ON December 12, 2003
Virgin flags more financial products

Virgin Money intends to launch more financial products into the Australian market in 2004 following the success of its credit card debut this year. The [...]

POSTED ON November 20, 2003
Give us a break, say policyholders

Consumer groups are demanding that insurance companies reduce their premiums in the wake of record profits. Premiums have increased by up to 20 per cent [...]

POSTED ON October 7, 2003
Insurers tighten the screw

Australians won't get any relief from high insurance premiums despite general insurers reporting higher earnings, KPMG says. The accounting firm has just released a report [...]

POSTED ON September 3, 2003
Winds spark wave of insurance claims

The gale-force winds and storms which swept through the eastern seaboard on the weekend have sparked more than 2,000 insurance claims for home and car [...]

POSTED ON August 26, 2003
IAG says cheap insurance irresponsible

Insurance Australia Group claims it would be "socially irresponsible" to reduce insurance premiums without accounting for risk. IAG's CEO Michael Hawker referred to the 2001 [...]

POSTED ON August 25, 2003
IAG returns to profit

Insurance Australia Group has reported an annual net profit of $153 million, a reversal of the small loss posted in 2002. Insurance margins increased from [...]

POSTED ON August 22, 2003
Insurers told to pass on savings

The new head of the Australian Competition and Consumer Commission, Graeme Samuel, has told insurers he'll seek tougher powers to cut premiums if the companies [...]

POSTED ON August 15, 2003
ASIC crackdown on offshore insurers

The Australian Securities and Investments Commission will crack down on unauthorised foreign insurance companies and people selling their policies. Foreign insurers are grabbing about 10 [...]

POSTED ON August 14, 2003
HIH: Calamity of ineptitude

After an 18-month royal commission, Justice Neville Owen has summed up the collapse of HIH as "a calamity of monumental proportions", likely to result in [...]

POSTED ON April 17, 2003
ASIC warns of insurance swindles

The Australian Securities & Investments Commission have warned customers of Guildford-based insurance broker Maine Insurance they may have been victims of fraud and could be [...]

POSTED ON February 27, 2003
Royal & SunAlliance changes name

The Australian and New Zealand business of UK insurer Royal & Sun Alliance will change its name to Promina. The change takes place from February [...]

POSTED ON February 3, 2003
Dozens may be charged over HIH

The counsel assisting the HIH royal commission has said that dozens of former HIH and FAI directors and executives could be charged over the insurance [...]

POSTED ON January 15, 2003
Fraud warning for Xmas shoppers

The National Insurance Brokers' Association has warned Australians to be extra vigilant during the Christmas spending period and to be on the look-out for "identity [...]

POSTED ON December 13, 2002
Fire tax to hit homes, cars

The Victorian Government is reviewing the Fire Services Levy and may introduce a new $100 fire tax which would affect over three million car owners [...]

POSTED ON December 11, 2002
APRA doubles insurance, super probes

The Australian Prudential Regulation Authority doubled its investigations of financial institutions over the 2001-2002 period, from 96 the previous year to 199, its annual report [...]

POSTED ON October 25, 2002
IAG set to buy CGU

Trading in Insurance Australia Group (NRMA) shares has been halted pending the insurer's expected $1.86 billion purchase of CGU Insurance. IAG is confident the acquisition [...]

POSTED ON October 17, 2002
Households, small business underinsured: ICA

The Insurance Council of Australia claims that one-sixth of small businesses and a quarter of all households are not taking out adequate insurance cover, instead [...]

POSTED ON October 17, 2002
Compo plan proposed for insurers, banks

The Australian Prudential Regulation Authority wants the Federal Government to establish a formal compensation scheme so that victims of institutional collapses are partly bailed out. [...]

POSTED ON September 30, 2002
Victorian insurance tax world’s highest

Victorians will pay more than $721 million in insurance taxes in the 2001-2002 financial year, with revised Budget figures showing a 12.4 per cent rise [...]

POSTED ON September 19, 2002
APRA vows to step in earlier

The Australian Prudential Regulation Authority intends to examine the financial health of around 3,000 companies over the next two years, stepping up its monitoring of [...]

POSTED ON September 16, 2002
NSW green-slip premiums fall

The New South Wales Government has further reduced green slip premiums, following a good performance by the NSW Motor Accidents Scheme. Prices have dropped across [...]

POSTED ON September 4, 2002
Rigging controversy brings online polls into question

The controversy surrounding a Telstra employee’s manipulation of an online consumer poll has brought the validity of such polls into question. InfoChoice conducts regular Quick [...]

POSTED ON January 30, 2002
NRMA Insurance name change

The publicly listed NRMA Insurance company has undergone a name change. In a move to distance itself from NRMA Member Services, the insurer has taken [...]

POSTED ON January 18, 2002
RACV payouts to car insurance customers

About 15,000 RACV customers with comprehensive car insurance received refunds totalling up to $15 million after an investigation by the Australian Securities and Investments Commission. [...]

POSTED ON January 14, 2002
Insurers count bushfire cost

The cost of the NSW bushfire crisis was revised upwards by $20 million yesterday, taking the total insurance industry damage bill to an estimated $70 [...]

POSTED ON January 8, 2002
Hefty rate increases for insurance

Insurance premiums are expected to increase by 10 to 15 per cent early next year. With the HIH collapse earlier in the year and reinsurance [...]

POSTED ON December 12, 2001
Australian’s dob in insurance frauds

NRMA has saved over $2 million in claims over the past year as a result of people dobbing in fraudulent friends and neighbours. The national [...]

POSTED ON October 22, 2001
Cost of insurance to rise

Car and home and contents insurance premiums are set to increase by up to 10 per cent in the coming year. The Chief Executive of [...]

POSTED ON October 18, 2001
Insurance premiums set to rise

Accounting firm KPMG has predicted increases in insurance premiums as insurers face rising reinsurance costs after the recent terrorist attacks in the USA. With the [...]

POSTED ON September 26, 2001
QBE hit hard by US attacks

QBE Insurance has been hit hard by the financial impact of the terrorist attacks in New York last week and looks to be the local [...]

POSTED ON September 19, 2001
New name for NRMA Insurance

NRMA Insurance is seeking a change of name to Insurance Australia Group Ltd to better reflect the strength and diversity of the organization and will [...]

POSTED ON September 11, 2001
More mobile towers reduce radiation exposure

More mobile phone towers would reduce the exposure of mobile phone users to radiation considerably, says Alasdair Philips, Chairman of Powerwatch, a British consumer group. [...]

POSTED ON September 10, 2001
Wind-up rechargers for mobiles soon

Mobile handset manufacturer Motorola is to make a device that will allow phone users to recharge their mobile phone battery by winding it up like [...]

POSTED ON September 10, 2001
Ansett may need Govt bailout

There is growing speculation that the Australian and New Zealand Governments will consider a rescue package for struggling domestic carrier Ansett Airlines. This follows the [...]

POSTED ON September 10, 2001
Rate cut is RBA’s insurance policy

In cutting official interest rates by 0.25 percentage points to 4.75 per cent this week, the Reserve Bank was saying 'better the devil we know [...]

POSTED ON September 10, 2001
Investor warning follows $3bn NAB writedown

At National Australia Bank’s (NAB’s) latest share price of around $29.50 (post writeoff announcement) you would think most analysts would give the stock a screaming [...]

POSTED ON September 7, 2001
Phew! Airfare discounting survives

Australian air travellers can breathe a sigh of relief this afternoon after Virgin chief Sir Richard Branson announced the rejection of a $250 million offer [...]

POSTED ON September 7, 2001
CTP Greenslips to rise

It may cost motorists in NSW about 3 per cent more for their Compulsory Third Party insurance from next month. It appears that the Motor [...]

POSTED ON September 5, 2001