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laine-gordon

Laine Gordon

Money Editor

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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.

968 articles written by Laine Gordon

Home Loans

3 of the big 4 banks predict RBA will hike in May - how high will rates go?

Three of the big four banks forecast that the RBA will pull the trigger on a rate rise in May, bringing the cash rate up for the first time in over a decade.

laine-gordon

Laine Gordon -

03 May, 2022 -

5 min read

Home Loans

End of an era: RBA hikes for first time in 11.5 years

The RBA has today hiked official rates for the first time in 11.5 years by 0.25 percentage points, taking the cash rate to 0.35 per cent. Discover how this may impact your home loan repayments.

laine-gordon

Laine Gordon -

03 May, 2022 -

3 min read

Home Loans

After 11.5 years of cuts – are Australians ready for RBA rate hikes?

After more than a decade of interest rate cuts, the Reserve Bank is set to start hiking the cash rate as soon as tomorrow.

laine-gordon

Laine Gordon -

02 May, 2022 -

3 min read

Home Loans

NAB hikes fixed rates for the fourth time this year

Australia’s third largest home loan lender, NAB, has today hiked fixed rates for the fourth time this year.

laine-gordon

Laine Gordon -

22 Apr, 2022 -

3 min read

Home Loans

No end in sight: Westpac, ANZ hike fixed rates again

Big four banks, Westpac and ANZ, have both hiked fixed rates again today, as the cost of fixed rate funding continues to surge north.

laine-gordon

Laine Gordon -

14 Apr, 2022 -

4 min read

Home Loans

CBA hikes fixed rates by up to 0.90%

Australia’s largest bank, CBA, has today increased fixed rates by up to 0.50 percentage points for owner-occupiers paying principal and interest, but all the way up to 0.90 percentage points for some investors.

laine-gordon

Laine Gordon -

12 Apr, 2022 -

3 min read

Home Loans

Big banks update RBA forecasts – how high will interest rates now go?

Economists from all four big banks now believe the cash rate will start rising from May, with Westpac and NAB the last of the major banks to bring forward their forecasts.

laine-gordon

Laine Gordon -

07 Apr, 2022 -

4 min read

Credit Cards

Australia’s credit card debt rises for 4th month in a row

The national credit card debt has risen for the fourth month in a row to $17.44 billion, according to new data from the RBA today.

laine-gordon

Laine Gordon -

07 Apr, 2022 -

3 min read

Home Loans

Westpac closes the door on fixed rates starting with a ‘2’

Australia’s second largest bank, Westpac, has today hiked fixed rates for owner-occupiers and investors by up to 0.30 percentage points.

laine-gordon

Laine Gordon -

07 Apr, 2022 -

3 min read

Home Loans

3 in 4 borrowers will need to cut back expenses when RBA hikes rates

New research shows three in four borrowers will have to cut back their spending to meet the forecasted RBA hikes.

laine-gordon

Laine Gordon -

05 Apr, 2022 -

5 min read