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laine-gordon

Laine Gordon

Money Editor

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974 articles written by Laine Gordon

Home Loans

NAB, Westpac announce RBA hikes

NAB and Westpac are the first big four banks to announce they will pass on Tuesday’s 0.25 percentage point RBA hike to both mortgage and savings customers.

laine-gordon

Laine Gordon -

09 Mar, 2023 -

4 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

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

Home Loans

Mortgage rates starting with a ‘4’ to largely disappear on back of today’s RBA hike

The Reserve Bank has today increased the cash rate by 0.25 percentage points to 3.60 per cent, the highest level since May 2012.

laine-gordon

Laine Gordon -

07 Mar, 2023 -

5 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

Home Loans

CBA and NAB hike select rates out-of-cycle for new customers

Australia’s largest and third largest lenders have today hiked select rates for new customers, as the rising rate environment forces banks to reassess their home loan offerings.

laine-gordon

Laine Gordon -

01 Mar, 2023 -

4 min read

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