laine-gordon

Laine Gordon

Money Editor

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65 articles written by Laine Gordon

Credit Cards

Cracking under pressure: Australians turn to plastic under weight of RBA hikes

Australia’s total credit card debt has risen for the fifth month in a row, in a worrying sign some families are turning to the plastic to make ends meet.

laine-gordon

Laine Gordon -

11 Apr, 2023 -

3 min read

Home Loans

The savings accounts that pass Lowe’s sniff test

A total of 24 savings accounts pass Governor Lowe’s sniff test with rates of 4.50 per cent or above, according to the RateCity.com.au database.

laine-gordon

Laine Gordon -

06 Apr, 2023 -

6 min read

Home Loans

CBA announces RBA hikes – how the big four now stack up

CBA is the last of the big four banks to announce it will be passing on the 0.25 percentage point RBA hike to its variable mortgage customers, effective 17 March.

laine-gordon

Laine Gordon -

09 Mar, 2023 -

4 min read

Savings Accounts

New highest savings rate hits 5.15%, but there’s a catch

Savings accounts have broken the 5 per cent barrier, with Bank of Queensland posting a rate of 5.15 per cent, effective today.

laine-gordon

Laine Gordon -

03 Mar, 2023 -

4 min read

Credit Cards

Westpac announces new credit card instalment option – how does it stack up? 

Westpac has today announced it will be launching a new payment plan option in another bid to provide customers with an alternative to the ever-expanding buy now, pay later sector.

laine-gordon

Laine Gordon -

14 Feb, 2023 -

6 min read

Savings Accounts

New highest ongoing savings rate hits 4.80%

ING has today announced it will be increasing the interest rate on its Savings Maximiser to 4.80 per cent – the new highest ongoing savings rate in the market for all adults.

laine-gordon

Laine Gordon -

09 Feb, 2023 -

4 min read

Savings Accounts

Select savers get a boost as CBA and Westpac announce RBA responses

Australia’s two biggest banks, CBA and Westpac, have today confirmed they will pass on the 0.25 percentage point hike to variable mortgages. However, CBA has upped the ante by announcing it will increase one of its savings rates by triple this.

laine-gordon

Laine Gordon -

09 Feb, 2023 -

6 min read

Credit Score

Almost 1 in 3 Aussies have fallen victim to a financial scam – don’t let that be you this Christmas

Almost a third of Australians have been hit by a financial scam, RateCity.com.au research shows.

laine-gordon

Laine Gordon -

22 Dec, 2022 -

5 min read

Savings Accounts

Savers get a boost as new highest rate hits 4.60% for all adults

It’s showtime for the highest savings accounts as banks break the 4.5 per cent savings rate barrier on the back of the RBA’s historic eighth consecutive cash rate rise.

laine-gordon

Laine Gordon -

08 Dec, 2022 -

6 min read

Credit Cards

Credit card debt back on the rise, as people struggle to clear their bills

Australian households have given their credit cards a workout this month, with the value of transactions and debt attracting interest now on the rise.

laine-gordon

Laine Gordon -

07 Dec, 2022 -

3 min read