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.
968 articles written by Laine Gordon
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
Aussies slash credit card debt by $1.11 billion in lockdown
The national credit card debt accruing interest has fallen to its lowest level in almost two decades as Australians move to wipe debt in lockdown.
Laine Gordon -
07 Sep, 2021 -
2 min read
Variable home loans – the new battleground for banks
While fixed home loan rates are largely on the rise, an increasing number of lenders are cutting variable rates in a bid to win new customers.
Laine Gordon -
07 Sep, 2021 -
4 min read
External refinancing soars as first home buyers drop like flies
The value of external refinancing has hit another high in the month of July as mortgage holders chase better home loan rates.
Laine Gordon -
02 Sep, 2021 -
4 min read
CBA gives its popular savings accounts yet another haircut
Australia’s biggest bank, CBA, has today cut its savings rates by up to 0.07 per cent.
Laine Gordon -
31 Aug, 2021 -
3 min read
CBA StepPay launches today – how it stacks up in a crowded BNPL market
Australia’s largest bank, CBA, has today launched its new buy now, pay later service, ‘StepPay’.
Laine Gordon -
18 Aug, 2021 -
6 min read
CBA hikes 2- and 4-year fixed rates
Australia’s biggest bank, CBA, has today hiked its 2- and 4- year fixed rates by 0.05 per cent for owner-occupiers paying principal and interest.
Laine Gordon -
10 Aug, 2021 -
3 min read