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
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.
Laine Gordon -
17 Jun, 2021 -
4 min read
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.
Laine Gordon -
09 Jun, 2021 -
3 min read
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 -
22 Apr, 2021 -
4 min read
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.
Laine Gordon -
06 Apr, 2021 -
3 min read
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.
Laine Gordon -
18 Mar, 2021 -
3 min read
Risky home loan lending on the rise
Data released by APRA today has confirmed the number of high-risk new home loans is increasing.
Laine Gordon -
16 Mar, 2021 -
3 min read
Westpac the third big bank to slash fixed rates
Westpac now has the lowest 2-year fixed rate in the market at 1.79 per cent.
Laine Gordon -
09 Mar, 2021 -
4 min read
$140 less a month: how falling mortgage repayments are pushing up property prices
The RBA has left the cash rate on hold today at 0.10 per cent, despite escalating property prices across the country.
Laine Gordon -
02 Mar, 2021 -
4 min read
Through the roof: home lending hits new highs
The mortgage market has broken even more records today, with the value of new home lending hitting an all-time high.
Laine Gordon -
01 Mar, 2021 -
3 min read
CBA cuts savings rates again as household deposits continue to rise
Australia’s biggest bank, CBA, has today cut savings rates on its main accounts for the second time this month and the fifth time since the November cash rate cut.
Laine Gordon -
26 Feb, 2021 -
4 min read