A review released today found many Australians are being left in the dark about rising car insurance costs. Premiums increased by 8% in the year to July 2025, after rising more than 42% between 2019 and 2024. ASIC found insurers often do not clearly explain what's driving these increases or how consumers can reduce their premiums. Below we explain what you can do.
Read the full report here.
ASIC has also found banks paid more than $55 million in compensation for mortgage offset account failures over a recent two-year period, with further compensation expected. Millions of Australians rely on offset accounts to reduce their home loan costs.
Is your mortgage offset account working for you? Click here to find out more.