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
CBA savings rates changes a reminder to give your savings a health check
Australia’s biggest bank, CBA, has cut the bonus rates on its Goal Saver account today by up to 0.35 per cent while increasing the base rate on this account by 0.09 per cent.
Laine Gordon -
03 Apr, 2020 -
3 min read
The real cost of a repayment pause, and how to minimise the fallout
CBA’s announcement today that customers who take a six-month repayment pause will be refunded interest-on-interest charges during this time will help families struggling to make ends meet.
Laine Gordon -
02 Apr, 2020 -
5 min read
Fixed rates plunge to new record low of 2.09 per cent
Banks have launched a fixed home loan war, with ING set to offer the country’s lowest home loan rate at just 2.09 per cent, fixed for two years, available today.
Laine Gordon -
26 Mar, 2020 -
3 min read
CBA slashes small business rates, holds back on variable home loan customers
Australia’s largest bank, CBA, has confirmed it will not pass on today’s 0.25 per cent emergency cash rate cut to its variable rate customers.
Laine Gordon -
19 Mar, 2020 -
3 min read
RateCity reveals the banks offering the best deposit rates for pensioners
RateCity welcomes the deeming rate changes, unveiled today by the government, designed to boost the pension of almost 1 million Australians.
Laine Gordon -
12 Mar, 2020 -
2 min read
Banks welcome riskier lending back into the fold
The banks are increasingly taking the foot off the brake on home lending, particularly for ‘riskier’ loans, according to APRA’s quarterly banking figures out today.
Laine Gordon -
10 Mar, 2020 -
3 min read
The state of play, post RBA cut
Eighteen lenders have so far announced they will cut variable rates by up to 0.25 per cent, with all four big banks committing to passing the cut on in full.
Laine Gordon -
03 Mar, 2020 -
3 min read
RBA UPDATE: Big banks lead the rate cut charge
Australia’s two biggest banks, CBA and Westpac, have committed to passing on the full 0.25 per cent rate cut to their variable customers on the back of today’s emergency cash rate cut by the RBA.
Laine Gordon -
03 Mar, 2020 -
2 min read
RBA fires off an emergency rate cut, Westpac passes it on in full
The RBA has been forced to make an emergency rate cut today, slashing official rates to a new record low of 0.50 per cent.
Laine Gordon -
03 Mar, 2020 -
3 min read
Christmas shoppers give credit cards a workout
Australians spent $25.1 billion on their credit cards in December 2019 – $1.3 billion more than the previous year, according to today’s RBA figures.
Laine Gordon -
12 Feb, 2020 -
2 min read