Laine Gordon

CBA first big bank to cut rates

CBA is the first major bank off the blocks, cutting variable rates by 0.13 per cent for owner-occupiers paying principal and interest.

Credit card exodus continues, as those left standing get smarter with debts

New data from the RBA today shows Australians are continuing to shy away from credit cards. But those that are still using plastic are getting smarter about how they use their cards.

Neo banks are live – but do they live up to the hype?

Australia’s neo banking market is heating up with 86 400 officially opening its doors today, and neo-rival Xinja receiving its full banking licence from APRA yesterday.

Home lending bounces back in the lead up to spring

New ABS data out today shows home lending is back with a bang, posting a 5.1 per cent jump month-on-month in new home loans settled in July.

Three ways to pay off your car loans

Are you taking out a car loan to land some shiny new wheels? Be sure to contemplate how you'll pay the money back over time.

Australians ditch credit cards by the hundreds of thousands

Today’s RBA credit card statistics show the continued demise of credit cards in Australia.

Three ways to pay off your car loan

Are you taking out a car loan to land some shiny new wheels? Be sure to contemplate how you'll pay the money back over time.

CBA cuts savings rates by up to 0.25 per cent

Australia’s largest bank, CBA, has reduced its savings rates by up to 0.25 per cent. This means all four big banks have now cut their savings rates following the July RBA cash rate cuts.

Australians starting to kick the credit card debt addiction

Australia’s credit card debt accruing interest has slid to the lowest level in over 11 years as Australians start to wean themselves off high interest debt.

Home loan lenders continue to cut their mortgage rates

ING, Bank of Queensland, Virgin Money, Qudos Bank and Newcastle Permanent have moved their variable interest rates since the last RateCity.com.au update yesterday.