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laine-gordon

Laine Gordon

Head of Public Relations

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Laine Gordon is the Head of Public Relations 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.

962 articles written by Laine Gordon

Home Loans

It’s not over yet – ANZ ups cash rate call to peak at 4.35%

ANZ’s economic team has today revised its forecasted cash rate peak to 4.35 per cent - the highest of the big four banks predictions – with one rate rise expected in June or July, and another in August.

laine-gordon

Laine Gordon -

02 Jun, 2023 -

3 min read

Savings Accounts

Competition in the savings sector heats up as more accounts climb above 5 per cent

A total of five banks now offer at least one ongoing savings rate above 5 per cent, as competition in the savings sector continues to heat up.

laine-gordon

Laine Gordon -

01 Jun, 2023 -

5 min read

Home Loans

More rate rises on the cards as inflation proves hard to tame

The Reserve Bank could deliver a further 0.25 percentage point hike in the next few months, potentially as early as next Tuesday, after today’s CPI figures confirmed inflation has remained stubbornly high in some categories.

laine-gordon

Laine Gordon -

31 May, 2023 -

3 min read

Home Loans

Dropping like flies: ING follows big bank rivals in axing cashback

ING has today announced it will be ending its $3,000 cashback for refinancers on 30 June.

laine-gordon

Laine Gordon -

29 May, 2023 -

4 min read

Home Loans

Westpac axes cashback, hikes new customer rates

Westpac has today announced it will be ending its $3,500 cashback for refinancers on 30 June as it pulls out of the chase for new customers.

laine-gordon

Laine Gordon -

26 May, 2023 -

5 min read

Home Loans

NAB hikes new customer variable rates for the 3rd time in 3 months

NAB has today increased the rate on its advertised basic variable home loan by 0.10 percentage points, but only for new customers with big deposits.

laine-gordon

Laine Gordon -

23 May, 2023 -

3 min read

Home Loans

Jail break: Westpac slashes stress test for select borrowers in mortgage prison

The Westpac Group has today announced it will be lowering the stress test on select refinance applications in a bid to help borrowers out of mortgage prison.

laine-gordon

Laine Gordon -

19 May, 2023 -

6 min read

Home Loans

Reality bites: some borrowers left with as little as $57 a day

People who bought in the last couple of years and borrowed at capacity are set to plunge further into mortgage stress when the eleventh RBA hike hits their bank accounts.

laine-gordon

Laine Gordon -

15 May, 2023 -

6 min read

Home Loans

CBA hikes select new customer rates beyond RBA + NAB drops cashback after 30 June

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

laine-gordon

Laine Gordon -

12 May, 2023 -

5 min read

Savings Accounts

New highest ongoing savings rate hits 5.30%, but it’s not for everyone

Bank of Queensland has today announced it will increase the maximum rate on its Future Saver by 0.15 percentage points to 5.30 per cent, effective Friday.

laine-gordon

Laine Gordon -

10 May, 2023 -

3 min read