News

Utility bills are keeping Aussies up at night

AUSTRALIANS have once again identified rising utility costs as their biggest financial concern, new data has revealed.

According to Mortgage Choice's 2015 Money Survey, one in every two Australians said they were worried about their gas, electricity and water bills this year.

Of the 1000 respondents surveyed, 53.8% said utility bills were their biggest financial concern for 2015, marking the fourth consecutive year that utility bills have been the number one concern among Australians.

RELATED:

>> Labor says Qld spared from power price hikes

>> Ergon, Energex told to pull back revenue

Mortgage Choice spokeswoman Jessica Darnbrough said the fact that Australians were becoming increasingly concerned about their utility bills was hardly surprising, given that 78.3% of respondents admitted their electricity costs had increased in the past 12 months.

"Utility bills have long been recognised as the number one financial concern for Australians, and given that almost 80% are seeing an increase in their utility bills year on year, this mindset is very understandable," Ms Darnbrough said.

"But while utility bills are inescapable for most people, there are some easy ways for Australians to reduce these ongoing expenses and ultimately make things a little easier on their hip pocket." 

Mortgage Choice's recommendations for saving on utility bills:

Use water wisely: Being diligent with your water consumption could save you hundreds of dollars each year.

According to savewater.com.au, replacing your current shower head with a three-star water saver shower head could save you more than $150 a year in water costs.

Fixing leaky taps and taking showers instead of baths can also help you to significantly reduce your level of water consumption.

Turn appliances off: Many Australians will go to bed each night and leave their television, DVD player and even computer on stand-by power mode.

The reality is not turning these appliances off at the wall can cost you.

Data from the South Australian Government shows people who turn their television, DVD player and computer off at the wall each night are able to save more than $60 a year in standby power costs.

Switch and save: If you are already taking the necessary steps to reduce your water consumption and turn your appliances off at the wall, but would still like to save more money on your utility bills each quarter, it may be worth researching various energy providers to see whether or not you are able to secure a better deal by switching.

Websites such as helpmechoose.com.au can help you to review and research your options and identify whether or not there is a better provider in the marketplace.

Topics:  cost of living, electricity bill, mortgage choice




7 Gladstone jobs up for grabs right now

There are two jobs up for grabs at Heron Island.

Ever wanted to live and work on an island?

600 Gladstone, Rockhampton locals find jobs in a month

Photo Luka Kauzlaric / The Observer

FRESH signs Gladstone is starting to level out after dramatic fall.

'Evasive action': Qantas landing scare at Gladstone Airport

SLOWDOWN: Passenger numbers at Gladstone Airport are expected fall dramatically in the next 12 months.

A QantasLINK plane diverted on landing

Latest deals and offers

Gladstone couple's spontaneous Gympie Muster wedding

Craig Oglesby and Brenda Strong celebrate their wedding at the Gympie Muster with punters in front of the Main Stage.

The Gympie Music Muster was the perfect place for a wedding.

Australian Survivor's Peter: I'm no quitter

Australian Survivor contestant Peter Fiegehen.

ILLNESS forces castaway's early exit from Samoa.

Diva's sister on soliciting charge

FILE - In this May 14, 2016 file photo, Mariah Carey attends the 27th Annual GLAAD Media Awards, in New York. Carey will appear on the Oct. 5 episode of the Fox series, \"Empire,\" the network confirmed Monday at a TV critics bi-annual press tour. (Photo by Charles Sykes/Invision/AP, File)

Mariah Carey's sister has been arrested on charges of prostitution.

Tom Cruise private jets his gym kit around the world

Tom Cruise

Tom Cruise charters private to take his gym kit around the world

Movie behind Depp and Heard split to be released

Soon you'll be able to see the movie that ended the marriage

Bindi's boyfriend helps release huge croc

Chandler (far right) helped the jump team.

Chandler Powell helps catch Duncan the croc

Palm Lake Resort set to move in to Coast with 276 villas

Palm Lake Group has been given approval by Sunshine Coast Council to build a 276-villa over 50s resort and 120-bed aged care facility at the intersection of Caloundra Rd and Caloundra Mooloolaba Rd in Little Mountain.

New facility planned for Caloundra Rd

Warning for unit investors with price plummet prediction

The warning signs are flashing for one real estate sector in 2017 despite others performing the best they have in years and it's not going to be pretty.

One real estate sector looks set for a rocky 2017

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m