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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

Refinancing record: over $16 BILLION switched in June

While the value of new loans dipped this month, refinancing has skyrocketed to an all-time high in June.

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Laine Gordon -

04 Aug, 2021 -

3 min read

Home Loans

Don’t ask, don’t get: 3 out of 4 mortgage holders who asked for a rate cut, got one 

Almost three-quarters of variable borrowers who asked for a rate cut, got one, a new survey has found. 

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Laine Gordon -

02 Aug, 2021 -

4 min read

Superannuation

Super Guarantee rise and the single parent home scheme start today: but beware of the fine print

Today two government initiatives kick off, designed to provide Australians with a more secure future, but not everyone is guaranteed to be a winner.

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Laine Gordon -

01 Jul, 2021 -

6 min read

Home Loans

NAB hikes 2-, 3- and 4-year fixed home loan rates

Australia’s third largest lender, NAB, has hiked its 2-,3- and 4-year fixed rates for owner-occupiers paying principal and interest by up to 0.10 per cent.

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Laine Gordon -

30 Jun, 2021 -

3 min read

Credit Cards

Bank fees fall, but Australians still fork out $3.56 billion

Australians forked out $3.56 billion in personal bank fees last financial year, new figures from the RBA show. This equates to around $364 per household in bank fees a year.

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Laine Gordon -

17 Jun, 2021 -

4 min read

Home Loans

Rising property prices pushing more Australians to take on risky levels of debt

New figures from APRA show value of new home loans with a debt-to-income ratio of six and over climbed to $23.77 billion in March, an increase from 16 per cent to 19 per cent year-on-year as a proportion of new lending.

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Laine Gordon -

09 Jun, 2021 -

3 min read

Bank Accounts

1 in 3 Australians have fallen victim to a financial scam

Almost one third of Australians have been hit by a financial scam, new RateCity research shows. Scams included credit card hacks, identity theft and people who had been tricked into handing over money.

laine-gordon

Laine Gordon -

22 Apr, 2021 -

4 min read

Home Loans

Over 1 million homeowners have never experienced an RBA hike

While the Reserve Bank has left the cash rate unchanged at 0.10 per cent today, a rate hike is on the horizon in 2024 – the same time many homeowners will be coming off a 3-year fixed rate.

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Laine Gordon -

06 Apr, 2021 -

3 min read

Home Loans

NAB cuts fixed rates, again

Australia’s third largest bank has cut its lowest 2-year fixed rate to 1.89 per cent today – a cut of 0.15 per cent.

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Laine Gordon -

18 Mar, 2021 -

3 min read

Home Loans

Risky home loan lending on the rise

Data released by APRA today has confirmed the number of high-risk new home loans is increasing.

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Laine Gordon -

16 Mar, 2021 -

3 min read