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
RBA likely to hike by 0.50% but how much will the banks pass onto savers?
The Reserve Bank is expected to hike the cash rate by 0.50 percentage points today, but banks are unlikely to pass on this rate hike in full to every customer.
Laine Gordon -
05 Jul, 2022 -
4 min read
Westpac and NAB finally lift savings rates post June RBA hike
Westpac has today hiked rates on a handful of its savings accounts, following the historic double rate hike from the RBA at the beginning of this month.
Laine Gordon -
24 Jun, 2022 -
5 min read
Finally, a whiff of competition: Macquarie, ING up the ante on savings rates
Macquarie and ING have today announced major increases to the interest rates on their transaction and savings accounts respectively.
Laine Gordon -
09 Jun, 2022 -
4 min read
NAB and ANZ play follow the leader hiking for home loans, but staying ‘mum’ on savings accounts
NAB and ANZ have both announced they are passing on the RBA rate hike, in full, to their variable rate mortgage customers, effective 17 June.
Laine Gordon -
08 Jun, 2022 -
4 min read
Australia’s credit card debt drops after 4 months of rises
Australia’s credit card debt has made a surprise drop in March after four consecutive months of rises, according to new data from the RBA today.
Laine Gordon -
09 May, 2022 -
3 min read
Westpac matches CBA and ANZ, hiking by 0.25% for variable customers AND hike select savings accounts
Australia’s second largest lender, Westpac, has tonight announced it will pass on the cash rate hike in full to its variable rate mortgage customers, effective 17 May 2022.
Laine Gordon -
03 May, 2022 -
4 min read
Australia’s credit card debt rises for 4th month in a row
The national credit card debt has risen for the fourth month in a row to $17.44 billion, according to new data from the RBA today.
Laine Gordon -
07 Apr, 2022 -
3 min read
Worrying trend: Australia’s credit card debt rises for 3rd month in a row
The national credit card debt has risen for the third month in a row to $17.39 billion, according to new data from the RBA today.
Laine Gordon -
07 Mar, 2022 -
3 min read
How Afterpay’s new bank accounts compare to the competition
Australia’s largest buy now, pay later provider, Afterpay, has launched its own banking platform, Money by Afterpay.
Laine Gordon -
10 Nov, 2021 -
4 min read
The real cost of a repayment pause, and how to minimise the fallout
CBA’s announcement today that customers who take a six-month repayment pause will be refunded interest-on-interest charges during this time will help families struggling to make ends meet.
Laine Gordon -
02 Apr, 2020 -
5 min read