RateCity.com.au
laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Home Loans

Home loans hit a new record low of 1.69%

Greater Bank has today claimed the new lowest home loan rate in Australia – 1.69 per cent, fixed for 1 year.

laine-gordon

Laine Gordon -

09 Feb, 2021 -

3 min read

Home Loans

Low rates, FOMO drive home lending to new high in December

The value of home loans settled in the month of December has hit another record high, thanks to record-low rates, generous government incentives and borrowers’ fear of missing out.

laine-gordon

Laine Gordon -

01 Feb, 2021 -

3 min read

Bank Accounts

Gift cards: The Christmas naughty and nice list

RateCity.com.au has released its annual ‘naughty and nice’ gift card list, as Australians rush to find the perfect last-minute present this Christmas.

laine-gordon

Laine Gordon -

17 Dec, 2020 -

5 min read

Savings Accounts

School banking failing our kids: ASIC report

Consumer advocate, RateCity.com.au, believes state and territory governments should kick banks out of our primary schools, on the back of today’s damming school banking report from ASIC.

laine-gordon

Laine Gordon -

15 Dec, 2020 -

6 min read

Credit Cards

Credit card debt drops below $20 billion

New RBA figures out today show Australians have slashed the national credit card bill to $19.71 billion in October – the first time debt accruing interest has dropped below $20 billion in almost 16 years.

laine-gordon

Laine Gordon -

07 Dec, 2020 -

3 min read

Home Loans

Home loans hit dizzying heights as first home buyers flock to the market

The value of home loans settled in the month of October has hit an all-time high, thanks to a boom in construction lending and a comeback by first home buyers.

laine-gordon

Laine Gordon -

03 Dec, 2020 -

3 min read

Home Loans

Do you know your rate? Half of borrowers don’t

Following today’s decision by the RBA to leave the cash rate on hold at 0.1 per cent, new research from RateCity.com.au shows almost half of all borrowers are in the dark about their rate.

laine-gordon

Laine Gordon -

01 Dec, 2020 -

3 min read

Credit Cards

Beware of the debt hangover this Black Friday

Australians are set to log on in record numbers to the Black Friday and Cyber Monday sales. But while retailers are promising customers big savings, RateCity.com.au is warning shoppers not to get carried away.

laine-gordon

Laine Gordon -

26 Nov, 2020 -

3 min read

Savings Accounts

ANZ the second big bank to cut savings post RBA

ANZ has today cut rates on its popular savings, term deposit and pensioner accounts by up to 0.20 per cent.

laine-gordon

Laine Gordon -

19 Nov, 2020 -

3 min read

Home Loans

CBA slashes savings rates on the back of the RBA cut

The Commonwealth Bank has today cut rates on its popular savings, retirement and term deposit accounts, following last week’s cash rate cut.

laine-gordon

Laine Gordon -

13 Nov, 2020 -

2 min read