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by zizee 5104 days ago
Why are we Australians getting ripped off again. 200USD < 200AUD, so why are we getting charged $250AUD?.

It's not because of shipping because that is added separately. Even if it was $50 is way too much.

2 comments

Actually, 250AUD is pretty much exactly 250USD. But remember, FX rates are spot rates, they don't take into account the FX risk incurred by holding money over time in the foreign currency. So it makes sense to for a US company to charge a premium to customers using a different currency. (Note the forward prices vs. spot for AUDUSD here: http://fx.sauder.ubc.ca/closing.html)

Besides, by the time you pay for shipping and tax in New York, the $199 tablet is $232!

I just bought one and in total it cost $268.99AUD which includes $24.45 tax and $19.99 shipping.

Anyway, I think the kids will be pretty happy.

I wonder if the price includes GST (a 10% sales tax)?

Still, that's only an additional $20.