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laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Home Loans

Westpac joins big four rivals in hiking new customer variable rates

Westpac has today increased the rate on its basic mortgage by 0.10 percentage points for owner-occupiers and investors – but only for new customers.

laine-gordon

Laine Gordon -

13 Apr, 2023 -

4 min read

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

RBA holds: What borrowers should do this Easter with a pause

The Reserve Bank has left the cash rate on hold at 3.60 per cent today, hitting the pause button for the first time since April 2022.

laine-gordon

Laine Gordon -

04 Apr, 2023 -

4 min read

Home Loans

Refinancing hits a new record high as borrowers combat rising rates

The value of refinanced home loans has hit a new record high, as borrowers take action to mitigate rising interest rates.

laine-gordon

Laine Gordon -

03 Apr, 2023 -

4 min read

Home Loans

CBA hikes new customer rates on its Wealth package home loan

CBA has today increased the rates on its package home loan, which includes an offset account, by up to 0.20 percentage points – but only for new customers.

laine-gordon

Laine Gordon -

31 Mar, 2023 -

5 min read

Home Loans

ANZ the latest to hike new customer rates as banks move to shore up home lending books

ANZ has today increased the rate on its basic mortgage by up to 0.21 percentage points for new customers.

laine-gordon

Laine Gordon -

28 Mar, 2023 -

5 min read

Home Loans

RBA March hike kicks in across Australia, NAB scraps its package home loan

Australians with a Commonwealth Bank of Australia (CBA), NAB or ANZ variable home loan will see their interest rate rise by 0.25% today as the RBA’s March hike takes effect.

laine-gordon

Laine Gordon -

17 Mar, 2023 -

5 min read

Home Loans

No relief from RBA but home buyers can boost their borrowing capacity themselves

Home buyers looking to boost their borrowing capacity may need to take the microscope to their finances after the RBA hiked the cash rate once again on Tuesday.

laine-gordon

Laine Gordon -

11 Mar, 2023 -

7 min read

Home Loans

ANZ hikes mortgage rates and one savings rate

ANZ has followed NAB and Westpac by announcing it will be increasing mortgage rates for new and existing variable borrowers by 0.25 percentage points.

laine-gordon

Laine Gordon -

09 Mar, 2023 -

2 min read