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laine-gordon

Laine Gordon

Money Editor

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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.

968 articles written by Laine Gordon

Home Loans

RBA confirms further rate hikes likely

Borrowers should prepare for at least two, if not three, more cash rate hikes this year as the RBA continues to tame the inflation beast.

laine-gordon

Laine Gordon -

21 Feb, 2023 -

6 min read

Home Loans

How to get ahead of rising rates as the first 2023 RBA hike kicks in

Australians with a CBA, NAB or ANZ variable home loan will see their interest rate rise by 0.25 percentage points today, as the RBA’s February hike takes effect.

laine-gordon

Laine Gordon -

17 Feb, 2023 -

10 min read

Home Loans

Monthly repayments could rise by 49% in total, if NAB’s forecast is realised

The average mortgage holder could end up paying a total of $1,135 extra in monthly repayments since the start of the hikes, if NAB’s new cash rate forecast is realised.

laine-gordon

Laine Gordon -

14 Feb, 2023 -

3 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

Home Loans

NAB hikes mortgage rates by 0.25%. Stays ‘mum’ on savers

NAB has announced it will also pass on 0.25 percentage point RBA hike to its variable mortgage customers, taking its lowest variable rate to 5.24 per cent.

laine-gordon

Laine Gordon -

07 Feb, 2023 -

2 min read

Home Loans

ANZ home loan rate hike puts end to rates starting with a '4'

ANZ is the first of the big four banks to announce it will pass on today’s 0.25 percentage point RBA hike in full to its variable mortgage rate, taking its lowest variable rate to 5.09 per cent.

laine-gordon

Laine Gordon -

07 Feb, 2023 -

3 min read

Home Loans

RBA lifts rates by 0.25% with more hikes to come – how to beat rising rates

The Reserve Bank has today increased the cash rate by 0.25 percentage points to 3.35 per cent, with more hikes to come.

laine-gordon

Laine Gordon -

07 Feb, 2023 -

3 min read

Home Loans

Australians brace for another 0.25% RBA hike on Tuesday – how high will the cash rate go?

The Reserve Bank is widely tipped to hike the cash rate again next week by 0.25 percentage points, taking it to 3.35 per cent – the highest rate in almost 10.5 years.

laine-gordon

Laine Gordon -

03 Feb, 2023 -

4 min read