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
Housing finance tumbles in December, credit cards continue to fall out of favour
ABS figures out today show a dramatic drop in new housing loans, while the number of credit cards are also continuing to fall, according to the RBA.
Laine Gordon -
12 Feb, 2019 -
3 min read
Cash rate holds as banks court ‘ideal’ borrowers
People refinancing their home loans has hit the same flat line as the official cash rate, despite the revelations in the Royal Commission and the potential savings home owners could make.
Laine Gordon -
05 Feb, 2019 -
3 min read
Another one bites the dust, ING the latest lender to hike home loan rates
ING is lifting variable home loan rates by 15 basis points, impacting both new and existing variable home loan customers.
Laine Gordon -
31 Jan, 2019 -
2 min read
NAB caves to funding pressures
NAB’s decision to hike rates is a long-awaited blow for its variable rate customers. Yesterday’s announcement comes 136 days after they said they were keeping their variable rates on hold.
Laine Gordon -
25 Jan, 2019 -
2 min read
Credit card companies slam on the brakes, as customers look for plastic alternatives
The screws are being tightened on Australia’s debt obsession, with the number of credit card accounts and the total value of credit limits both falling in the most recent RBA statistics.
Laine Gordon -
15 Jan, 2019 -
2 min read
Bank of Queensland kicks off rate hikes for 2019
Bank of Queensland is the first bank to officially hike home loan rates out of cycle in 2019. Today’s announcement affects a range of BOQ variable rate loans including their Economy Variable Home Loan which is increasing by 0.11 per cent for new and existing customers.
Laine Gordon -
11 Jan, 2019 -
2 min read
APRA calls time out on the interest only cap in a bid to breathe life back into home lending
APRA’s announcement today that it will remove its temporary benchmark on interest-only lending from 1 January 2019 is a bid to steady the home loan market, says comparison site RateCity.com.au.
Laine Gordon -
19 Dec, 2018 -
3 min read
Australia's biggest bank finally offers Apple Pay
Today’s announcement that the Commonwealth Bank is joining the Apple Pay platform is a win for customers who had grown weary of the banks’ limited payment technologies.
Laine Gordon -
14 Dec, 2018 -
2 min read
Low-deposit loans hit record low
Data released by APRA today has confirmed banks are demanding bigger deposits from new buyers as part of their serviceability crack-down.
Laine Gordon -
12 Dec, 2018 -
2 min read
Bank rates around the world start to rise as the RBA holds firmly in neutral
The RBA has today held the cash rate at 1.50 per cent for the last meeting of 2018, with potential for the pattern to be repeated in 2019.
Laine Gordon -
04 Dec, 2018 -
2 min read