Laine Gordon

NAB hikes again as fixed rates with a ‘3’ start to become the norm

Australia’s third largest bank, NAB, has lifted fixed rates by up to 0.10 per cent today for owner-occupiers and investors.

Gift cards: the naughty and nice list this Christmas

RateCity.com.au has today revealed its annual ‘naughty and nice’ gift card list, with nearly one in three Australians estimated to buy gift cards this Christmas. 

Australia’s biggest bank hikes fixed rates 4 times in 2 months

Australia’s largest bank, CBA, has increased fixed rates for owner-occupiers and investors for the fourth time in just over two months.

CBA shaves savings rates again after a year of micro-cuts

Australia’s largest bank, CBA, has today cut the rate on two of its popular savings accounts by up to 0.05 per cent.

Fixed rate hikes snowball as Westpac increases rates 4 times in 2 months

Australia’s second largest bank, Westpac, has increased fixed rates for the fourth time in less than two months.

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.