Laine Gordon
Money Editor
Laine Gordon is the Money Editor at RateCity and an experienced journalist and research specialist. With a background in news and feature writing, covering finance, media and even food (a passion of hers) at Reed Elsevier publications, Laine brings almost two decades of experience to the team. Having covered major areas of interest to the general public from hip pocket issues to rising and falling interest rates and the impact to mortgages, credit and saving in Australia, she is passionate about researching and telling people’s stories to help others make better decisions about their own finances.
974 articles written by Laine Gordon
Average borrower paid almost $6K extra last year, even as rates hold
The average borrower who hasn’t refinanced their home loan in the last 12 months has paid almost $6,000 extra in interest as a result, new research from RateCity.com.au shows.
Laine Gordon -
10 Dec, 2024 -
4 min read
Total home lending market soars
The latest APRA monthly authorised deposit-taking institution statistics, released today for the month of October show the total value of housing loans to households, which includes both owner-occupied and investor loans, increased by $9.8 billion in the month, or 0.4 per cent.
Laine Gordon -
29 Nov, 2024 -
3 min read
3 of big 4 banks predict May cash rate cut as ANZ updates forecast
ANZ has today updated its cash rate forecast, pushing the first projected cash rate cut out from February to May 2025.
Laine Gordon -
29 Nov, 2024 -
3 min read
CPI monthly indicator holds steady at 2.1%
The monthly Consumer Price Indicator has clocked in at 2.1 per cent in the 12 months to October 2024, holding steady for the second month in a row. This is the lowest reading since July 2021.
Laine Gordon -
27 Nov, 2024 -
5 min read
Don’t let a Black Friday spree send you into the red
Shoppers planning to hit the Black Friday sales are being warned to write out lists and set spending limits to avoid overspending or getting caught up in unnecessary debt.
Laine Gordon -
27 Nov, 2024 -
6 min read
ANZ cuts variable rates, doubles down as lowest among big four
ANZ has today cut the rates on its Plus and Simplicity Plus home loans by up to 0.15 percentage points, but only for new customers.
Laine Gordon -
22 Nov, 2024 -
3 min read
1 year on: cash rate to hold at 4.35%, as home loan rates tumble
The RBA might be set on a holding pattern for now, however, a flurry of lenders have been slashing variable home loan rates as competition in the market heats up and expectations of cash rate cuts rise.
Laine Gordon -
05 Nov, 2024 -
4 min read
Average new loan size hits record high, as lending falls in September
The average new owner-occupier mortgage in Australia is now $642,121 – a new record high, according to ABS Lending Indicator figures out today.
Laine Gordon -
01 Nov, 2024 -
4 min read
Highest savings rate takes a tumble
ME Bank has today sliced the bonus rate on its highest interest savings account from 5.55 per cent to 5.25 per cent, in an out-of-cycle rate cut.
Laine Gordon -
01 Nov, 2024 -
5 min read
CPI at lowest level in 3.5 years while CBA pushes back cash rate cut forecast to 2025
All bets are off for a November RBA rate cut, despite a drop to Australia’s annual inflation rate from 3.8 per cent to 2.8 per cent in the September quarter.
Laine Gordon -
30 Oct, 2024 -
5 min read