Are kitchen appliances covered by contents insurance?

Many kitchen appliances count as part of your home’s contents for insurance purposes. However, some insurers could consider certain built-in appliances to be part of your building, meaning they may only be covered under a building insurance policy.

Does home insurance cover foundation damage?

Home insurance may help you to avoid paying the substantial cost of foundation repair, but your policy may only cover foundation damage in some cases, such as when the damage is caused by specific events.

Is insurance a requirement of having a mortgage?

While home insurance isn’t compulsory in Australia, most mortgage lenders require borrowers to have a home insurance policy in place over a property before they’ll approve a home loan application.

Some of the top-rated personal loans in May 2024

New data shows more Australians may be taking out personal loans, while others are struggling with the cost of living. But what effect could a personal loan have on managing household budgets?

Saving for a rainy day? Some of the top-rated savings accounts in May 2024

How are you managing your savings? Whether you have a savings goal you’re actively working to achieve, or are simply regularly putting a little aside for a rainy day, you’ll want to be confident that you have a savings account that suits your needs. Comparing savings accounts could be an important first step on the road to financial security.

Where can Australians put their record-level savings? Some of the top-rated term deposits in May 2024

Australians are reportedly saving record amounts of money, according to recently released statistics. If you want to put part of your savings into a term deposit, it’s worth comparing your options to help ensure you’re selecting an option that will suit your needs.

What is fusion damage insurance and why would I need it?

Fusion cover protects your electrical appliances and other devices against damage caused by electrical currents or wiring. It’s often an optional extra you can select for your contents insurance policy. While fusion damage insurance may cost a little extra, the value it offers could make a big difference in some homes.

Financial stress on the rise – what can you do about it?

More Australians may be turning to credit cards to help manage their household expenses, according to a new report. With the cost of living putting pressure on many budgets, what can you do to better manage your credit?

What home insurance do I need for an apartment?

Many apartments are already covered by strata insurance, so you may not need to apply for a traditional home insurance policy to cover damage to the property. However, strata insurance may not always offer the cover you need. If you’re one of the 10% of Australians who live in apartments, it could be worth comparing contents insurance policies and other options.

What to expect from the RBA meeting in May 2024

After taking a break in April 2024 due to the new RBA meeting schedule, the Board of the Reserve Bank of Australia (RBA) will be back to meet in May to decide whether any changes to Australia’s monetary policy will be required.