Saturday Magazine
As one of Australia’s leading financial and political commentators, Sally’s role at Canstar is to help Australians make better financial decisions. As Canstar’s spokesperson, Sally provides her insights daily on trends and changes in the personal finance sector, translating often-complicated topics to help people understand how they might be impacted. She also helps identify and advocate for excellence in banking, insurance, energy and other key financial services sectors. With mounting cost-of-living pressures, every dollar counts. That’s why a few well-chosen switches could see you saving more than $10,000 a year. That’s a nice little chunk of extra change in your back pocket! Canstar’s Cost of Living Comparison [https://www.canstar.com.au/cost-of-living-comparison/] looked at a wide range of everyday bills—from mortgages and credit cards, through to home and health insurance, utilities and even groceries—to see where households could cut costs. And the results are certainly illuminating. We considered the kind of household expenses you might typically see in a year, then explored potential savings. In some cases, savings came from switching to the cheapest product, and in others, from selecting Canstar 5-star rated products that balance cost and value. Individual results will vary, but our findings show just how much can be saved by reviewing and comparing everyday expenses. Here are our top tips to save heading into the new year: 1. Shop around for loans Your mortgage or car loan could be quietly costing you more than necessary. For example, if you’re paying off a $600,000 home loan or a $40,000 five-year car loan, your interest rate might be well above others on the market, and you could stand to save thousands annually simply by switching to a provider with a more competitive rate. By switching to a 5-star rated product, you could enjoy meaningful savings while maintaining quality service. Insurance doesn’t have to break the bank. Canstar found that, by selecting a 5-star rated policy, a 40-year-old non-smoker could save: * $244–$332 per year on income protection insurance * $170–$252 per year on life insurance * Hundreds more on home, contents, car, or health insurance The post Sat, 4th, 2026, Sally Tindall, Director of Data Insights, Canstar, Cost of Living Crisis. [https://joy.org.au/saturdaymagazine/2026/07/sat-4th-2026-sally-tindall-director-of-data-insights-canstar-cost-of-living-crisis/] appeared first on Saturday Magazine [https://joy.org.au/saturdaymagazine].
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