Australia’s top 2019 financial products revealed: Finder

Australia’s top 2019 financial products revealed: Finder
Staff reporterDecember 7, 2020

Millions of Australians are living with money worries, according to the Finder comparison site.

Finder research found almost one in five Aussies (19%) are extremely worried about their financial situation while a further 55% admit they are somewhat stressed – that’s a total of 14.5 million Australians who are stressed about their financial situation.

Mortgage and rent top the list of money worries, with more than one in three (35%) admitting housing was their top concern. Energy bills (26%), groceries (21%), council rates (18%), health insurance (17%) and credit card bills (14%) also make the list.

Bessie Hassan, money expert at Finder, said "with one of the highest costs of living in the world, Aussies should be taking every opportunity to cut costs where they can – and this doesn’t have to mean compromising on quality or features".

She described the winners as "the cream of the crop".

Winners who took out multiple categories included household names such as Westpac, American Express and Budget Direct, as well as new disruptors such as Australia’s first digital bank, Up Bank.

UBank’s USaver was announced as Best Savings Account, while Freedom Lend’s Variable Home loan scooped up the Best Owner-Occupier and Best Low Deposit Home Loan categories.

NobleOak was awarded for Best Life Insurance, while Boost’s $30 plan won Best Prepaid Sim (under $40).

Hassan said it was a really exciting time to be a consumer.

The full list of winners is available on the Finder website.

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