How to buy a car, house, home or car insurance policy in Australia

The cost of buying a car in Australia has skyrocketed to more than $1 million, with new car prices topping out at $1.8 million.

The average cost of a new car in Sydney is now more than double that of a year ago.

And the average price of a house is now $1,500,000.

While a $100,000 car has been on the rise for a decade, prices are now going up by more than 30 per cent in the last year.

While car insurance is generally more affordable, new car policies are a big seller in Australia, with car owners spending $1 billion on a car insurance claim.

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