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laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Credit Cards

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

Laine Gordon -

07 Sep, 2021 -

2 min read

Home Loans

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

Laine Gordon -

07 Sep, 2021 -

4 min read

Home Loans

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

Laine Gordon -

02 Sep, 2021 -

4 min read

Savings Accounts

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

Laine Gordon -

31 Aug, 2021 -

3 min read

Bank Accounts

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

Laine Gordon -

18 Aug, 2021 -

6 min read

Home Loans

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

Laine Gordon -

10 Aug, 2021 -

3 min read

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.

laine-gordon

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. 

laine-gordon

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.

laine-gordon

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.

laine-gordon

Laine Gordon -

30 Jun, 2021 -

3 min read