Laine Gordon is the Head of Public Relations at RateCity. With a background in journalism, Laine brings over a decade of experience in personal finance to the team. She is passionate about helping people get out of debt, save money, and make better decisions about their own finances.
1214 articles written by Laine Gordon
1 in 3 Australians have fallen victim to a financial scam
Almost one third of Australians have been hit by a financial scam, new RateCity research shows. Scams included credit card hacks, identity theft and people who had been tricked into handing over money.
Over 1 million homeowners have never experienced an RBA hike
While the Reserve Bank has left the cash rate unchanged at 0.10 per cent today, a rate hike is on the horizon in 2024 – the same time many homeowners will be coming off a 3-year fixed rate.
NAB cuts fixed rates, again
Australia’s third largest bank has cut its lowest 2-year fixed rate to 1.89 per cent today – a cut of 0.15 per cent.
Risky home loan lending on the rise
Data released by APRA today has confirmed the number of high-risk new home loans is increasing.
Westpac the third big bank to slash fixed rates
Westpac now has the lowest 2-year fixed rate in the market at 1.79 per cent.
$140 less a month: how falling mortgage repayments are pushing up property prices
The RBA has left the cash rate on hold today at 0.10 per cent, despite escalating property prices across the country.
Through the roof: home lending hits new highs
The mortgage market has broken even more records today, with the value of new home lending hitting an all-time high.
CBA cuts savings rates again as household deposits continue to rise
Australia’s biggest bank, CBA, has today cut savings rates on its main accounts for the second time this month and the fifth time since the November cash rate cut.
Home loans hit a new record low of 1.69%
Greater Bank has today claimed the new lowest home loan rate in Australia – 1.69 per cent, fixed for 1 year.
Low rates, FOMO drive home lending to new high in December
The value of home loans settled in the month of December has hit another record high, thanks to record-low rates, generous government incentives and borrowers’ fear of missing out.