RateCity.com.au
laine-gordon

Laine Gordon

Money Editor

linkedin

974 articles written by Laine Gordon

Term Deposits

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

Laine Gordon -

12 Mar, 2020 -

2 min read

Home Loans

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

Laine Gordon -

10 Mar, 2020 -

3 min read

Home Loans

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

Laine Gordon -

03 Mar, 2020 -

3 min read

Home Loans

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

Laine Gordon -

03 Mar, 2020 -

2 min read

Home Loans

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

Laine Gordon -

03 Mar, 2020 -

3 min read

Credit Cards

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

Laine Gordon -

12 Feb, 2020 -

2 min read

Home Loans

First home buyers surge to decade high

Today’s ABS figures show first home buyers continue to make a comeback; reaching the highest level since December 2009, in seasonally-adjusted terms.

laine-gordon

Laine Gordon -

11 Feb, 2020 -

2 min read

Home Loans

ANZ cuts home loan and deposit rates

ANZ Bank has today cut both home loan and deposit rates in the lead up to the RBA’s first meeting of the year.

laine-gordon

Laine Gordon -

23 Jan, 2020 -

3 min read

Home Loans

First home buyers back at highest level in almost a decade

This is the highest level of new lending for first home buyers since October 2009 – almost a decade.

laine-gordon

Laine Gordon -

16 Jan, 2020 -

2 min read

Credit Cards

Aussies wipe $2.45 billion off credit card debts in past year

Australians have taken an axe to credit card debt, slashing balances to the lowest level in almost 13 years, according to new RBA figures released today.

laine-gordon

Laine Gordon -

13 Jan, 2020 -

2 min read