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
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 -
08 Nov, 2021 -
3 min read
Westpac hikes fixed rates again
The Westpac group has made sweeping changes to its popular home loan rates today.
Laine Gordon -
04 Nov, 2021 -
6 min read
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 -
02 Nov, 2021 -
6 min read
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.
Laine Gordon -
01 Nov, 2021 -
8 min read
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 -
27 Oct, 2021 -
4 min read
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 -
21 Oct, 2021 -
4 min read
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 -
07 Oct, 2021 -
2 min read
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 -
04 Oct, 2021 -
3 min read
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 -
21 Sep, 2021 -
3 min read
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 -
15 Sep, 2021 -
3 min read