A Senior Finance Writer with RateCity, Liz Seatter is an experienced journalist and producer across the wide media landscape. Her background has seen her covering finance, property, economics, current affairs, and world news. Since 2004, Liz has worked for some of Australia's biggest mastheads, including Sky News, Nine News, Today, Weekend Today, as well as New Zealand's Newstalk ZB.
83 articles written by Liz Seatter
How capping credit card interest rates could save Australians $1.53 billion a year
Australia’s credit card debt has risen to a total of $20.03 billion dollars, according to new RBA statistics out today. It comes as there are growing calls for the federal government to regulate credit card interest rates so there’s a maximum margin with the RBA cash rate, which is 0.10 per cent.
COVID-19 amnesty over: Banks to resume reporting bad credit
New research from RateCity shows one in six Australians are worried about their credit scores in light of COVID-19, as banks resume credit reporting.
RBA keeps cash rate on hold – so why are home loan rates still changing?
While lenders have made a flurry of cuts to 2- and 3-year fixed rates in the last month, there has been an increase in the number of lenders hiking 4-year fixed rates.
No records broken as home lending makes an unexpected drop in February
The value of new owner-occupier loans dropped almost 2 per cent from the record high reached in January. Compared to the same time last year, however, new lending was up 55 per cent, according to the seasonally adjusted ABS data.
D-Day for JobKeeper: what Australians can do to help survive a drop in income
It’s D-day for the million Australians receiving JobKeeper with COVID relief payments finishing. As a result, Treasury estimates up to 150,000 people could find themselves unemployed.
CBA cuts 1- & 2-year fixed rates but hikes 4-year loans: a sign of things to come.
The most significant change was the hike to its four-year fixed rate. This is the first big four bank to hike its four-year owner-occupier rate since October 2019 – a sign the bank is pricing in a higher cash rate from 2024.
CBA to launch buy now, pay later platform – how it stacks up against Afterpay
CBA has today become the first big four bank to create its own buy now, pay later platform.
Fixed home loan rates keep tumbling to new record lows
Homestar Finance is the latest lender to cut rates, dropping its 2-year fixed rate to 1.74 per cent.
Payments giant PayPal to enter the buy now, pay later sector - how does it stack up?
Competition in the buy now, pay later sector has just stepped up a notch with PayPal announcing it’s joining the club.
Credit card debt drops by $149 million as Australians start the year prudently
Australians have started 2021 paying $149 million off their credit card debt in January and taking the scissors to their cards.