Comparison websites

There are now lots of sites around that offer a free service to consumers that help them compare prices. Consumers take a look at the available deals and can then choose a new supplier from the listed products and complete the switch to their new deal online.

The online price comparison and switching market is new to Australia. There are websites springing up all the time and allow consumers to: compare electricity suppliers; compare gas suppliers; find a cheap home loan; compare mortgage interest rates; compare life insurance products and many more.

Worldwide, the online comparison and switching market began in the UK in the late 1990’s. The first sites allowed consumers to compare the cost of electricity and gas rates.

The UK online comparison and switching market is now 10 years old that are free to consumers and help them:

• Compare electricity suppliers
• Compare gas suppliers
• Compare car insurance
• Compare home and contents insurance
• Compare home loans
• Compare mortgages and cheap interest rates
• Compare life insurance products
• Find cheap telephone deals
• Find cheap mobile phone rates