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.
65 articles written by Laine Gordon
CPI indicator drops for 2nd month in a row
The monthly Consumer Price Indicator has clocked in at 3.5 per cent in the year to July, dropping from 3.8 per cent in June – the second monthly drop in a row.
Laine Gordon -
28 Aug, 2024 -
4 min read
BOQ matches ING for highest ongoing savings rate at 5.50%
Bank of Queensland has announced an increase to its Future Saver account, with a new rate of 5.50% from 16 June. This increase puts it on par with ING’s Savings Maximiser. Both now have the highest ongoing savings account rates in the market.
Laine Gordon -
13 Jun, 2023 -
2 min read
New highest ongoing savings rate hits 5.50%
ING has announced it is increasing the maximum rate on its Savings Maximiser by 0.25 percentage points to 5.50 per cent in two days’ time.
Laine Gordon -
12 Jun, 2023 -
4 min read
Turning to the plastic – credit card use at its highest since 2021
RBA credit card data has revealed Australians are turning to the plastic at levels not seen since August 2021, with total credit card debt accruing interest hitting $17.76 billion in April.
Laine Gordon -
07 Jun, 2023 -
3 min read
Westpac hikes mortgage rates by 0.25%, stays quiet on savings accounts
Westpac has announced it will pass on the latest 0.25 percentage point RBA hike to its variable mortgage customers.
Laine Gordon -
06 Jun, 2023 -
2 min read
Competition in the savings sector heats up as more accounts climb above 5 per cent
A total of five banks now offer at least one ongoing savings rate above 5 per cent, as competition in the savings sector continues to heat up.
Laine Gordon -
01 Jun, 2023 -
5 min read
New highest ongoing savings rate hits 5.30%, but it’s not for everyone
Bank of Queensland has today announced it will increase the maximum rate on its Future Saver by 0.15 percentage points to 5.30 per cent, effective Friday.
Laine Gordon -
10 May, 2023 -
3 min read
$8.6 million a day: credit card debt drops but Australians still forking out millions
Credit card debt accruing interest has dropped for the first time in six months, however, at $17.73 billion, the total bill is causing havoc on many Australians’ finances.
Laine Gordon -
09 May, 2023 -
3 min read
Westpac and ANZ announce RBA hikes: what it means for homeowners and savers
Westpac and ANZ have today announced they will pass on Tuesday’s 0.25 percentage point RBA hike to mortgage customers. Both banks have also announced increases for select savings customers, but not all.
Laine Gordon -
04 May, 2023 -
4 min read
NAB the first bank off the blocks to announce RBA hikes
NAB is the first big bank to announce it will pass on Tuesday’s 0.25 percentage point RBA hike to both mortgage and savings customers.
Laine Gordon -
04 May, 2023 -
3 min read