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
CBA hikes select new customer rates beyond RBA + NAB drops cashback after 30 June
Existing borrowers with a CBA, NAB or ANZ variable home loan will see their interest rates rise by 0.25 percentage points today, as the RBA’s May hike takes effect.
Laine Gordon -
12 May, 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
Too hot to handle: CBA dumps its cashback as home loan competition caps out
Australia’s largest bank, CBA, has today announced it’s discontinuing its $2,000 cashback offer from 1 June, in a further sign competition in the mortgage market is becoming too hot to handle.
Laine Gordon -
09 May, 2023 -
5 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
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 12 May.
Laine Gordon -
05 May, 2023 -
4 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
ANZ the next big bank to hike variable and cut 3-year fixed rates
ANZ has today increased the rates on its basic variable home loan by up to 0.10 percentage points, but only for new customers.
Laine Gordon -
21 Apr, 2023 -
5 min read
ING frustrates customers by watering down its Orange Everyday travel benefits
Australian travellers with the popular ING Orange Everyday account will no longer receive a refund on fees charged by overseas ATM providers from 1 August.
Laine Gordon -
19 Apr, 2023 -
6 min read
CBA hikes variable rates again but cuts select 3-year fixed rates
CBA has today increased the rates on its package variable home loan, which includes an offset account, by up to 0.12 percentage points but only for new customers.
Laine Gordon -
14 Apr, 2023 -
4 min read