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
CBA rewards savers as the bank announces its RBA response
Australia’s biggest bank, CBA, has followed NAB, by announcing it will pass on yesterday’s 0.25 percentage point RBA hike in full to its variable mortgage customers. Unlike NAB, CBA has also revealed what it will do for its savings customers, announcing rate hikes for each of its key savings accounts, in most cases by more than the 0.25 percentage point hike.
Laine Gordon -
02 Nov, 2022 -
3 min read
NAB to hike variable mortgages by RBA’s 0.25%, but leaves savers in the dark
NAB is the first of the big four banks to announce it is passing on today’s 0.25 percentage point RBA hike in full to its variable mortgage rates. However, NAB has chosen to keep its savings rate decision under wraps again this month.
Laine Gordon -
01 Nov, 2022 -
2 min read
Variable mortgage rates set to rise by 0.25% – what will banks do for savers?
The Reserve Bank has today increased the cash rate by 0.25 percentage points to 2.85 per cent, the highest level since the April 2013 RBA meeting.
Laine Gordon -
01 Nov, 2022 -
5 min read
Melbourne Cup rate hike near certainty, but size of hike still up for grabs
The Reserve Bank is set to fire off another cash rate hike tomorrow, with a 0.25 percentage point increase the most likely outcome.
Laine Gordon -
31 Oct, 2022 -
5 min read
RBA double hike back on the cards: Westpac
Westpac is the last of the big four banks to update its cash rate forecast on the back of yesterday’s higher than expected inflation figures, with the bank now predicting a 0.50 percentage point RBA hike on Tuesday.
Laine Gordon -
27 Oct, 2022 -
5 min read
Sydney house prices to plunge $175K by end of 2023
The value of the median-priced house in Sydney could drop by a further $175,087 by the end of next year, down to $1.10 million, based on new property price forecasts out today from NAB.
Laine Gordon -
06 Oct, 2022 -
5 min read
CBA and ANZ announce RBA hikes
CBA and ANZ have followed Westpac and NAB, announcing they will pass on today’s 0.25 percentage point RBA hike in full to their variable mortgage customers.
Laine Gordon -
05 Oct, 2022 -
4 min read
RBA takes its foot off the accelerator with a 0.25% hike
The RBA has today increased the cash rate by 0.25 percentage points to 2.60 per cent, as the Board continues its efforts to curb inflation.
Laine Gordon -
04 Oct, 2022 -
4 min read
Yet another double hike on the cards: repayments could lift by 33% since start of May
The Reserve Bank is set to hike the cash rate for the sixth month in a row on Tuesday, in a further bid to rein in inflation.
Laine Gordon -
29 Sep, 2022 -
4 min read
Refinancing cashbacks hit record high – but are they worth it?
There are now 34 lenders offering home loan cashback deals – a new record high, with deals for the average-sized mortgage of up to $5,000.
Laine Gordon -
14 Sep, 2022 -
5 min read