The Great Australian Rip-off: What we are doing to #StopTheRipOff
I can’t believe that it’s already the end of March! I didn’t even do a New Years post! Have I been that busy? Yes, yes I have!
It’s been incredibly rewarding and challenging working full-time as the Chief Technology Officer (CTO) of Kyco Australia. As much as I would like to say that it’s been smooth sailing with nothing but wins but that has not been the case. We have suffered many setbacks and even forward steps often resulted in us going backwards. That is, however, the reality of startup life with the journey being more of a zigzag then a straight line.
Onwards with new partners and a new plan! On Thursday the 24th of March we launched The Great Australian Rip Off campaign to expose the secret payments and incentives many Australians don’t realise are driving up their cost of living for services including electricity and the internet.
Insurers have admitted secret commissions paid to commercial comparison websites – some as high as 40 to 60 per cent – end up being passed on to most Australians through higher premiums. Our startup was created to address the market inefficiency born from this rip-off. So it makes sense for us to shine a light on the problem. So join us to #StopTheRipOff, your wallet will thank you!