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.
974 articles written by Laine Gordon
RBA hits keep coming – cash rate now enters the ‘4s’
The cash rate will climb into the ‘4s’ with the RBA announcing the nation’s twelfth cash rate hike since May 2022.
Laine Gordon -
06 Jun, 2023 -
5 min read
Refinancing takes a $2 billion hit – but heat not out just yet
The value of refinanced loans took a tumble in April, recording a $2 billion drop compared to the previous month.
Laine Gordon -
02 Jun, 2023 -
5 min read
It’s not over yet – ANZ ups cash rate call to peak at 4.35%
ANZ’s economic team has today revised its forecasted cash rate peak to 4.35 per cent - the highest of the big four banks predictions – with one rate rise expected in June or July, and another in August.
Laine Gordon -
02 Jun, 2023 -
3 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
More rate rises on the cards as inflation proves hard to tame
The Reserve Bank could deliver a further 0.25 percentage point hike in the next few months, potentially as early as next Tuesday, after today’s CPI figures confirmed inflation has remained stubbornly high in some categories.
Laine Gordon -
31 May, 2023 -
3 min read
Dropping like flies: ING follows big bank rivals in axing cashback
ING has today announced it will be ending its $3,000 cashback for refinancers on 30 June.
Laine Gordon -
29 May, 2023 -
4 min read
Westpac axes cashback, hikes new customer rates
Westpac has today announced it will be ending its $3,500 cashback for refinancers on 30 June as it pulls out of the chase for new customers.
Laine Gordon -
26 May, 2023 -
5 min read
NAB hikes new customer variable rates for the 3rd time in 3 months
NAB has today increased the rate on its advertised basic variable home loan by 0.10 percentage points, but only for new customers with big deposits.
Laine Gordon -
23 May, 2023 -
3 min read
Jail break: Westpac slashes stress test for select borrowers in mortgage prison
The Westpac Group has today announced it will be lowering the stress test on select refinance applications in a bid to help borrowers out of mortgage prison.
Laine Gordon -
19 May, 2023 -
6 min read
Reality bites: some borrowers left with as little as $57 a day
People who bought in the last couple of years and borrowed at capacity are set to plunge further into mortgage stress when the eleventh RBA hike hits their bank accounts.
Laine Gordon -
15 May, 2023 -
6 min read