Laine Gordon

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.

RBA cash rate: 1 year on hold, 11 years since last hike

The RBA is set to leave the cash rate on hold when it meets tomorrow, marking one year since the last cash rate cut.

NAB the last of the big four banks to hike fixed rates

Australia’s third largest bank, NAB, has made sweeping changes to its home loan rates – the majority of which are hikes. 

Millions of borrowers sitting on growing mountain of equity

Soaring house prices might be a thorn for first home buyers, but the property boom in recent years has seen existing borrowers’ equity skyrocket.

Credit card debt continues to plummet in lockdown

The national credit card debt accruing interest has continued to tumble in lockdown, dropping by $582 million in the month of August, according to RBA statistics released today.

No move expected from the RBA, but banks keep chipping away at variable rates

Variable rates continue to fall, with 27 lenders cutting at least one variable rate in the last month.