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
ANZ cuts new customer variable rates as existing borrowers face 8th hike in 8 months
ANZ has today cut the rates on its basic home loan for new customers, as existing variable borrowers face their eighth hike in as many months.
Laine Gordon -
30 Nov, 2022 -
4 min read
BNPL industry to face tougher regulation, as survey finds users still falling into strife
RateCity.com.au welcomes the government’s move to regulate the burgeoning buy now, pay later sector, and warns any change must protect people from accessing multiple debts they can’t afford to repay.
Laine Gordon -
21 Nov, 2022 -
8 min read
CBA overhauls mortgages in bid for ideal customers
Australia’s biggest bank, CBA, has slashed its advertised package rates by up to 2.03 percentage points for new customers with big deposits.
Laine Gordon -
21 Nov, 2022 -
4 min read
Fixed rates continue to defy gravity, with ANZ the latest to hike
Australia’s fourth largest lender, ANZ, has today hiked fixed rates by up to 0.30 percentage points for owner-occupiers and investors.
Laine Gordon -
16 Nov, 2022 -
4 min read
RBA hikes kick in for variable borrowers
Australians with a CBA, NAB and ANZ variable home loan will see their interest rates rise by 0.25 percentage points from today, as the RBA’s November hike takes effect.
Laine Gordon -
11 Nov, 2022 -
5 min read
The 5-minute move that could boost savings by up to $1,968 in a year
Australians with money in the bank are finally starting to see some decent rates on their deposits after seven RBA hikes. However, not all savers are being treated equally as banks pick and choose which accounts to reward with higher rates.
Laine Gordon -
09 Nov, 2022 -
6 min read
Credit card debt continues to defy RBA hikes
Credit card debt from Australian households attracting interest charges has fallen for the third month in a row, defying the RBA rate hikes.
Laine Gordon -
07 Nov, 2022 -
4 min read
RBA hikes shrink home buying budget by over $214K for average Aussie family
The average family’s maximum home buying budget has shrunk by an estimated $214,600 as a result of the last seven months of RBA rate rises.
Laine Gordon -
05 Nov, 2022 -
5 min read
New highest savings rate hits 4.30%
The highest ongoing savings rate has now hit 4.30 per cent, and it is available for all adults. ING has announced today it will hike its popular Savings Maximiser account by 0.25 percentage points to 4.30 per cent from next Tuesday, for balances up to $100,000.
Laine Gordon -
03 Nov, 2022 -
3 min read
Savers get a big boost as Westpac announces RBA response
Westpac has today confirmed it is passing on the 0.25 percentage point hike to its variable mortgages, however, it has upped the ante by announcing it will increase some savings rates by more than triple this.
Laine Gordon -
02 Nov, 2022 -
3 min read