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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

Show me the money: Westpac ups its cashback to tempt refinancers

Australia’s second largest lender, Westpac, has increased its cashback offer for refinancers, upping the incentive from $2,000 to $3,500 in a bid to attract new business.

laine-gordon

Laine Gordon -

02 Feb, 2023 -

5 min read

Home Loans

Ninth RBA hike a near certainty on back of soaring inflation figures

Borrowers will almost certainly face another RBA cash rate hike next month with today’s annual inflation rate clocking in at 7.8 per cent for the December quarter.

laine-gordon

Laine Gordon -

25 Jan, 2023 -

3 min read

Home Loans

Refinancing smashes the record books as borrowers take the fight to rising rates

The value of refinanced home loans has hit a new record high, as borrowers take action to combat rising interest rates. This figure smashes the previous record set in August 2022 by almost $1 billion. 

laine-gordon

Laine Gordon -

16 Jan, 2023 -

4 min read

Credit Score

Almost 1 in 3 Aussies have fallen victim to a financial scam – don’t let that be you this Christmas

Almost a third of Australians have been hit by a financial scam, RateCity.com.au research shows.

laine-gordon

Laine Gordon -

22 Dec, 2022 -

5 min read

Savings Accounts

Savers get a boost as new highest rate hits 4.60% for all adults

It’s showtime for the highest savings accounts as banks break the 4.5 per cent savings rate barrier on the back of the RBA’s historic eighth consecutive cash rate rise.

laine-gordon

Laine Gordon -

08 Dec, 2022 -

6 min read

Home Loans

Westpac cuts new customer variable rates, as loyal borrowers face 8th rate hike

Westpac has today cut the rate on its basic home loan for new customers, as existing variable borrowers face their eighth rate hike this year.

laine-gordon

Laine Gordon -

07 Dec, 2022 -

4 min read

Credit Cards

Credit card debt back on the rise, as people struggle to clear their bills

Australian households have given their credit cards a workout this month, with the value of transactions and debt attracting interest now on the rise.

laine-gordon

Laine Gordon -

07 Dec, 2022 -

3 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 16 December.

laine-gordon

Laine Gordon -

06 Dec, 2022 -

3 min read

Home Loans

Westpac, NAB and ANZ announce RBA hikes

Westpac, NAB and ANZ have all announced they will be passing on today’s 0.25 percentage point RBA hike in full to variable mortgage rates.

laine-gordon

Laine Gordon -

06 Dec, 2022 -

3 min read

Home Loans

Variable mortgages to rise by another 0.25% - refinancing could save tens of thousands

The Reserve Bank has today increased the cash rate by 0.25 percentage points to 3.10 per cent, the highest level in over a decade.

laine-gordon

Laine Gordon -

06 Dec, 2022 -

5 min read