Laine Gordon

NAB ups cash rate call to peak at 4.60%

NAB’s economic team has today revised its forecasted cash rate peak to 4.60 per cent - the highest of the big four banks’ predictions – with rate rises pencilled in for July and August.

ANZ hikes mortgage rates and one savings rate

ANZ has followed NAB and Westpac by announcing it will be increasing mortgage rates for new and existing variable borrowers by 0.25 percentage points.

New highest savings rate hits 5.15%, but there’s a catch

Savings accounts have broken the 5 per cent barrier, with Bank of Queensland posting a rate of 5.15 per cent, effective today.

How to get ahead of rising rates as the first 2023 RBA hike kicks in

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

Westpac announces new credit card instalment option – how does it stack up? 

Westpac has today announced it will be launching a new payment plan option in another bid to provide customers with an alternative to the ever-expanding buy now, pay later sector.

New highest ongoing savings rate hits 4.80%

ING has today announced it will be increasing the interest rate on its Savings Maximiser to 4.80 per cent – the new highest ongoing savings rate in the market for all adults.

Select savers get a boost as CBA and Westpac announce RBA responses

Australia’s two biggest banks, CBA and Westpac, have today confirmed they will pass on the 0.25 percentage point hike to variable mortgages. However, CBA has upped the ante by announcing it will increase one of its savings rates by triple this.

ANZ home loan rate hike puts end to rates starting with a '4'

ANZ is the first of the big four banks to announce it will pass on today’s 0.25 percentage point RBA hike in full to its variable mortgage rate, taking its lowest variable rate to 5.09 per cent.

Australians brace for another 0.25% RBA hike on Tuesday – how high will the cash rate go?

The Reserve Bank is widely tipped to hike the cash rate again next week by 0.25 percentage points, taking it to 3.35 per cent – the highest rate in almost 10.5 years.

Almost 1 in 3 Aussies have fallen victim to a financial scam – don’t let that be you this Christmas

Almost a third of Australians have been hit by a financial scam, RateCity.com.au research shows.