AfterPay, What is the Real Cost?

What does AfterPay really Cost?

AfterPay make their money from two aspects of every sale.

AfterPay income from the Seller.

It’s been reported that Afterpay charges retailers a $0.30 fixed transaction fee plus a commission between 3% and 7% on each sale.

AfterPay Income Sources

In 2019, retailers paid $179.6 … Read the rest

Reserve Bank of Australia: Australian Cash Interest Rates

The Australian Reserve Bank Cash Rate Changes.

19th March 2020 RBA Decision
At a special meeting today, the Board decided to lower the cash rate by 25 basis points to 0.25 per cent, effective 19th March 2020.

This is in response to the COVID-19 coronavirus.

3rd March 2020 RBA Decision… Read the rest

Interest Rates 2019 for Bank Savings Account

Australian Bank Savings Account: Interest Rates 2019.

Do you get paid Interest on the money that you have saved in your Australian bank account?

Have you noticed how much the interest rate has dropped in the year, and how the changes tied in with the Reserve Bank of Australia [RBA] … Read the rest

Australian Home Loan Interest Rates October 2019

Australian Home Loan Interest Rates in October 2019.

The RBA reduced the Reserve Bank Cash Rate down to 0.75% at the beginning of October 2019.

Most banks have indicated they will bring their rates down, but not all will drop by the full 0.25%.

NAB Variable rates from 11 October
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Mortgage on a Temporary Partner Visa 820

Can you get a Mortgage while on a subclass 820 Visa?.

Can you get a Home Loan on a Temporary Partner Visa 820?.

You are in Australia, with your Australian partner, and it is time to get a Mortgage to buy the new home, but can your income be taken … Read the rest