RateCity.com.au
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

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

Home Loans

CBA lowers serviceability floor to accommodate lower rates

Australia’s largest bank, CBA, has announced it is reducing its serviceability floor rate from 5.40 per cent to 5.10 per cent, a move that will help some people borrow more from the bank. The change is effective Saturday 14 November.

laine-gordon

Laine Gordon -

12 Nov, 2020 -

2 min read

Savings Accounts

ING and ME Bank slash savings rates - a sign of what’s to come

Savings rates are starting to feel the squeeze following last week’s RBA cut, with ING and ME Bank dropping rates by the full 0.15 per cent on their popular savings accounts today.

laine-gordon

Laine Gordon -

11 Nov, 2020 -

3 min read

Home Loans

The state of play post-RBA

None of the big four banks have committed to passing on Tuesday’s RBA rate cut to their variable customers, leaving millions of mortgage holders out in the cold.

laine-gordon

Laine Gordon -

05 Nov, 2020 -

4 min read

Home Loans

Westpac mirrors CBA with no cut for variable rate customers

Australia’s second biggest bank has followed CBA, announcing it will not be passing on the rate cut to its existing variable rate customers, opting to cut fixed rates instead.

laine-gordon

Laine Gordon -

04 Nov, 2020 -

4 min read

Home Loans

CBA turns its back on variable rate customers as they opt to slice fixed rates instead

Australia’s biggest bank has today announced it will not be passing on the rate cut to its existing variable rate customers, opting to cut fixed rates instead.

laine-gordon

Laine Gordon -

04 Nov, 2020 -

3 min read

Home Loans

RBA cuts rates to 0.10%, extends QE

The RBA has made the historic decision to cut the cash rate by 0.15 per cent today, slashing official rates to 0.10 per cent.

laine-gordon

Laine Gordon -

03 Nov, 2020 -

3 min read