Press Release

For immediate release

Information verified correct on October 22nd, 2016 secures future growth with third office purchase

  • acquired 164 sqm office space for $890,000
  • It's the company's third office space purchase in two years
  • Part of's growth plans

November 13, 2014, SYDNEY – One of Australia's biggest comparison websites has cemented its growth plan by acquiring its third office space in just two years.

The 164 sqm office space at 99 York Street, Sydney, was purchased for $890,000 this week, with plans to lease out the space for the short-term. also owns the adjoining two office suites – 180 sqm of which is currently being leased and 314 sqm accommodates the company’s 36 staff.

Since co-founders and directors Fred Schebesta and Frank Restuccia launched the company in 2006, is now one of the biggest comparison websites in Australia, with over 500,000 unique visitors per month[1].

The brand has a network of websites including and, which is the biggest credit card comparison website in Australia, with one in 10 credit cards opened through the website every month[2].

The recent property purchase signals a continuing expansion of’s free services, which include a comparison of a wide range of financial products such as life insurance, credit cards, as well as home loans, travel cards, travel insurance, personal and short-term loans, savings accounts, international money transfers and online shopping coupon codes.

Mr Schebesta said he is humbled by the purchase, following the years of hard work and determination to make the business a success.

"We are super excited to purchase this office space as we want to secure our medium to long-term future here at HQ.

"We've come a long way since our beginnings, from Frank and I working out of our shared house, computers set up in the lounge room, with no money to our names. We couldn't even afford to pay ourselves for two years.

“We did everything we could to make our dream a reality, to build a platform where we could help people make better financial decisions. I am thrilled to see how many people we help every day and the opportunity we have ahead of us to help even more people in more ways.”

Ross Ladd and Tim Noonan of Noonan Property sold the office space to

1 Source: Experian Hitwise average over 500,000 in August, September and October 2014

Based on Reserve Bank credit card statistics and number of approved applications opened through


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The information in this release is accurate as of the date published, but rates, fees and other product features may have changed. Please see updated product information on's review pages for the current correct values.

About is one of Australia’s biggest comparison websites and has helped over 4.8 million Australians find better credit cards, home loans, life insurance, shopping deals and more since 2006. compares 250 credit and debit cards from 31 providers, over 300 home loan products, and information from 13 life insurance providers as well as online shopping promo codes, mobile phone plans, travel insurance and more. One Australian every five minutes is using or to find better (Source: Google Analytics).

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