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Afterpay lets you buy something now and pay for it in four equal, interest-free payments spread over six weeks. You pay the first quarter at checkout, and the rest comes out of your linked card automatically every two weeks. It sounds simple, and mostly it is — but the details around spending limits, late fees and eligibility catch plenty of people out. Here is how it actually works, step by step. If you are new…
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If you have a home loan, Tuesday 3 November is a date worth watching. The Reserve Bank of Australia announces its next cash rate decision at 2:30pm AEDT that day, and markets are putting the chance of another 0.25 percentage point rise at around 85%. That would take the cash rate from 4.60% to 4.85%, its highest level since 2008. Quick answer: Nothing is decided yet, and your lender — not the Reserve Bank —…
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Buy now pay later lets you take something home today and pay for it in smaller instalments over the next few weeks or months, instead of paying the full price upfront. It sounds simple, and it is — but it is still a form of credit, and the fees and rules around it matter more than the ads suggest. Quick answer: You choose a buy now pay later (BNPL) option at checkout, pay the first…
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Afterpay and Zip Pay are the two biggest buy now, pay later services in the country, and they work in quite different ways. Afterpay splits each purchase into four equal payments over six weeks. Zip Pay gives you a spending limit of up to $1,000 that you repay on a schedule you choose. Both are interest-free, but the fees you pay when things go wrong are very different. Quick verdict: Afterpay is better if you…
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Planning a new business is the step most new owners rush — and the step that saves the most trouble later. Before you spend money on stock, a shop fit-out, or a website, a clear plan helps you work out whether your idea can actually pay its way, what it will cost to start, and which registrations you need before you open your doors. This guide walks through planning a new business in simple steps,…