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laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Credit Cards

Australians wipe $9.31 billion off credit card debt since COVID

The national credit card debt accruing interest has fallen to the lowest level in almost 18 years, as Australians continue to clear their debt in the latest lockdown.

laine-gordon

Laine Gordon -

08 Nov, 2021 -

3 min read

Home Loans

Westpac hikes fixed rates again

The Westpac group has made sweeping changes to its popular home loan rates today. 

laine-gordon

Laine Gordon -

04 Nov, 2021 -

6 min read

Home Loans

Fixed rates are on the rise – so is it worth paying a rate lock fee?

While the RBA is not expected to raise the cash rate today, banks have been moving swiftly to hike fixed rates.

laine-gordon

Laine Gordon -

02 Nov, 2021 -

6 min read

Home Loans

RBA cash rate: 1 year on hold, 11 years since last hike

The RBA is set to leave the cash rate on hold when it meets tomorrow, marking one year since the last cash rate cut.

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Laine Gordon -

01 Nov, 2021 -

8 min read

Home Loans

NAB the last of the big four banks to hike fixed rates

Australia’s third largest bank, NAB, has made sweeping changes to its home loan rates – the majority of which are hikes. 

laine-gordon

Laine Gordon -

27 Oct, 2021 -

4 min read

Home Loans

Millions of borrowers sitting on growing mountain of equity

Soaring house prices might be a thorn for first home buyers, but the property boom in recent years has seen existing borrowers’ equity skyrocket.

laine-gordon

Laine Gordon -

21 Oct, 2021 -

4 min read

Credit Cards

Credit card debt continues to plummet in lockdown

The national credit card debt accruing interest has continued to tumble in lockdown, dropping by $582 million in the month of August, according to RBA statistics released today.

laine-gordon

Laine Gordon -

07 Oct, 2021 -

2 min read

Home Loans

No move expected from the RBA, but banks keep chipping away at variable rates

Variable rates continue to fall, with 27 lenders cutting at least one variable rate in the last month.

laine-gordon

Laine Gordon -

04 Oct, 2021 -

3 min read

Home Loans

Records slashed as the lowest rate home loan drops to 1.59 per cent

Greater Bank has thrown down the gauntlet to its competitors, cutting its 1- and 2-year fixed mortgage rates to 1.59 per cent – a new record low.

laine-gordon

Laine Gordon -

21 Sep, 2021 -

3 min read

Home Loans

NAB hikes fixed rates

Australia’s third largest bank, NAB, has today hiked fixed rates by up to 0.30 per cent for terms of 3 years and above.

laine-gordon

Laine Gordon -

15 Sep, 2021 -

3 min read