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.
1243 articles written by Laine Gordon
Australian mortgage holders continue to take on risky levels of debt
Almost a quarter of new mortgages are considered risky, according to APRA data released today.
Investors continue their comeback, as owner-occupiers retreat
The value of new home lending has fallen for the third consecutive month, according to today’s ABS lending indicator data.
NAB lifts fixed rates: last big four rate under 2% now gone
Australia’s third largest bank, NAB, has today hiked fixed rates for the third time in just over five weeks – closing the door on the last big four rate under 2 per cent.
Westpac shuts the door on rates under 2%
Westpac has today discontinued its introductory variable rate of 1.99 per cent. The bank now has no rates under 2 per cent.
80% of credit card users with debt don’t know their interest rate
With the silly season now upon us, shoppers using credit cards are being warned to be careful not to get stung with big interest bills.
Fixed rates keep climbing: NAB hikes by up to 0.51%
Australia’s third largest bank, NAB, has hiked its fixed home loan rates for owner-occupiers and investors by up to 0.51 per cent.
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.
Australians wipe $9.31 billion off credit card debt since COVID
The national credit card debt accruing interest has fallen to the lowest level in almost 18 years, as Australians continue to clear their debt in the latest lockdown.
Westpac hikes fixed rates again
The Westpac group has made sweeping changes to its popular home loan rates today.
Fixed rates are on the rise – so is it worth paying a rate lock fee?
While the RBA is not expected to raise the cash rate today, banks have been moving swiftly to hike fixed rates.