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
Australia stares down the barrel of another double RBA hike tomorrow
The RBA is set to hike the cash rate tomorrow, either by 0.25 or 0.50 percentage points, as the Board moves to curb inflation.
Laine Gordon -
04 Jul, 2022 -
5 min read
Westpac and NAB finally lift savings rates post June RBA hike
Westpac has today hiked rates on a handful of its savings accounts, following the historic double rate hike from the RBA at the beginning of this month.
Laine Gordon -
24 Jun, 2022 -
5 min read
ANZ and Westpac lift fixed rates while the RBA eyes off another double cash rate hike
Australia’s fourth largest lender, ANZ, has today hiked fixed rates by up to 0.90 percentage points. This comes a day after Westpac hiked fixed rates by 0.50 percentage points for customers looking to lock in their rate.
Laine Gordon -
22 Jun, 2022 -
6 min read
Fixed-rate mortgage cliff: how high will repayments jump for millions of borrowers?
Currently around 38% borrowers are locked into an ultra-low fixed-rate mortgage, however, their rates could more than double when their fixed terms expire.
Laine Gordon -
16 Jun, 2022 -
7 min read
Buyers borrowing power shrinks as banks hike rates
Rapidly rising interest rates could see the average family’s maximum borrowing capacity shrink by over $160,000 by April next year, if cash rate forecasts are realised.
Laine Gordon -
09 Jun, 2022 -
5 min read
Finally, a whiff of competition: Macquarie, ING up the ante on savings rates
Macquarie and ING have today announced major increases to the interest rates on their transaction and savings accounts respectively.
Laine Gordon -
09 Jun, 2022 -
4 min read
NAB and ANZ play follow the leader hiking for home loans, but staying ‘mum’ on savings accounts
NAB and ANZ have both announced they are passing on the RBA rate hike, in full, to their variable rate mortgage customers, effective 17 June.
Laine Gordon -
08 Jun, 2022 -
4 min read
Double trouble: RBA tipped to hike by another 0.50% in July
Australians with mortgages need to be prepared for their repayments to rise significantly, with the RBA tipped to hike again by another 0.50 percentage points next month.
Laine Gordon -
07 Jun, 2022 -
4 min read
Double whammy: RBA hikes cash rate by 0.50%
The RBA has hiked official rates again today by 0.50 percentage points, taking the cash rate to 0.85 per cent.
Laine Gordon -
07 Jun, 2022 -
3 min read
RBA set to hike the cash rate again tomorrow – what it means for borrowers
The Reserve Bank is set to raise the cash rate again tomorrow, just five weeks after pulling the trigger on the first hike in over a decade.
Laine Gordon -
06 Jun, 2022 -
5 min read