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
Banks close hundreds of branches and ATMs last financial year: APRA
More than 1,600 bank branches closed nationally in the last five years, with 230 branches shut in the last financial year alone, as customer move their transactions online.
Laine Gordon -
16 Oct, 2024 -
7 min read
ANZ cuts fixed rates: last of the big four to join under 6% club
Australia’s fourth largest lender, ANZ, has today cut its fixed home loan rates by up to 0.60 percentage points for owner-occupiers, and up to 0.70 percentage points for investors.
Laine Gordon -
11 Oct, 2024 -
4 min read
NAB cuts fixed home loan rates
Australia’s third largest lender, NAB, has today cut its fixed home loan rates by up to 0.65 percentage points.
Laine Gordon -
08 Oct, 2024 -
5 min read
Credit card purchases hit record high in August
Australians spent $27.43 billion on credit card purchases in August – the highest value on record.
Laine Gordon -
08 Oct, 2024 -
3 min read
Investors drive up new lending in August
The total value of new home loans approved in the month of August was $30.38 billion – just 1.0 per cent higher than was recorded the previous month.
Laine Gordon -
04 Oct, 2024 -
5 min read
ANZ Plus makes major change for savers
ANZ has made changes to its ANZ Plus Save account, slashing the ongoing rate to 0.50 per cent, unless customers grow their balance by $100 or more each month.
Laine Gordon -
01 Oct, 2024 -
4 min read
RBA to hold, borrowers should plan for the worst and pocket the savings
The Reserve Bank of Australia is expected to keep the cash rate on hold at 4.35 per cent for the seventh consecutive meeting, after last week’s labour force figures landed stronger than expected.
Laine Gordon -
24 Sep, 2024 -
4 min read
Westpac, ANZ adjust savings rates
Westpac has adjusted the rates on its Life savings accounts, dropping the base rates by 0.15 percentage points and lifting the bonus rates by the same amount.
Laine Gordon -
20 Sep, 2024 -
4 min read
Mortgage arrears on the rise as savings in offsets decline
The value of home loans in arrears by 30 to 89 days has risen for the seventh consecutive quarter, as borrowers struggle to keep on top of repayments.
Laine Gordon -
13 Sep, 2024 -
5 min read
New lending jumps by $1.2 billion in July
The total value of new home loans approved in the month of July was $30.58 billion – with $1.2 billion more loans settled compared to the previous month, according to ABS Lending Indicator data.
Laine Gordon -
06 Sep, 2024 -
5 min read