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.
968 articles written by Laine Gordon
Australians wipe a record $1.64 billion off credit card debts in May
New figures released today from the RBA show Australians wiped $1.64 billion off credit card debt accruing interest in May, the biggest monthly drop on record.
Laine Gordon -
07 Jul, 2020 -
3 min read
COVID-19 rewards borrowers, but savers feel the pain
The Reserve Bank is expected to leave the cash rate on hold at 0.25 per cent when it meets this afternoon. But RateCity data shows home loan and deposit rates have continued to tumble in the past month.
Laine Gordon -
07 Jul, 2020 -
3 min read
Home loan rates hit new record low of 1.99%
Fixed home loan rates continue to tumble, with Bank of Us the first lender to offer the average Australian a fixed home loan rate under 2 per cent.
Laine Gordon -
29 Jun, 2020 -
3 min read
Bank fees fall, but Australians still fork out $3.92 billion
Australians forked out $3.92 billion in bank fees last year, new figures from the RBA show. This equates to around $406 per household in bank fees a year.
Laine Gordon -
18 Jun, 2020 -
4 min read
Aussies hunker down on debt in lockdown
Australians wiped a record $1.55 billion off debt accruing interest on their credit cards – the highest drop on record.
Laine Gordon -
10 Jun, 2020 -
3 min read
Hidden costs of ScoMo’s first home loan deposit scheme
The Australian Government’s First Home Loan Deposit Scheme has been fully reserved, but for those who missed out, a further 10,000 places will be made available from 1 July.
Laine Gordon -
27 May, 2020 -
5 min read
Home loan cash backs heat up, but are they worth it?
More than a dozen lenders are offering cash incentives for home owners willing to move their business to a new lender, with Suncorp Bank, Reduce Home Loans and 86 400 the latest to put cash offers on the table.
Laine Gordon -
21 May, 2020 -
6 min read
Credit cards still on the nose, however people with cards start reaching for them more
New figures out today from the RBA show the number of personal credit card accounts has dropped to the lowest point in almost a decade.
Laine Gordon -
07 May, 2020 -
3 min read
Home lending falls in February: a sign of what’s to come
New ABS figures out today show the value of new loans settled in February fell 1.71 per cent month-on-month in seasonally-adjusted terms.
Laine Gordon -
08 Apr, 2020 -
2 min read
Home loan rates continue to tumble for new customers
While the RBA left the cash rate at 0.25 per cent today, lenders are still slashing home loan rates for new customers, particularly owner occupiers who have equity in their home.
Laine Gordon -
07 Apr, 2020 -
3 min read