5 Big Australian Buy Now, Pay Later Stocks

Since Afterpay’s (ASX:APT) Australian launch in 2015, buy now, pay later (BNPL) fever has taken over in the country, and investors are looking for the next big opportunity,

Sometimes cheekily referred to as “buy now, profit later” stocks, BNPL companies often see their share prices go through the roof after making their debut in the public markets.

The appeal of BNPL services is that shoppers can use payment plans to buy items, but still receive their purchases right away. BNPL agreements can be used for both low- and high-priced items.

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What are the largest Australian buy now, pay later stocks by market cap? Here’s a look at five of the biggest companies right now.

A State-by-State Guide to Cannabis in Australia

Australia made waves when it federally legalised medicinal cannabis in 2016, and its marijuana market has experienced significant growth since then.

A study from FreshLeaf Analytics pegs Australian medical market sales at AU$95 million in 2020, while research firm Prohibition Partners indicates that Oceania’s cannabis industry is expected to be worth US$1.55 billion by 2024; medicinal cannabis is expected to account for 40 percent of the industry.

Despite that growth, the country’s cannabis industry is still young. Recreational use is not yet in sight, and even medical access remains limited and highly regulated.

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Cannabis is largely illegal in Australia, but the rules differ from state to state. Here’s what to know about cannabis in all eight areas of the country.

Neobanks in Australia

The term “neobank” seems to be cropping up more and more in the Australian market. But what exactly are neobanks, and can investors capitalise on this new way of banking?

Neobanks, sometimes known as smart banks or digital banks, are banking institutions that operate exclusively online. They don’t have branches, and instead conduct business online and via apps.

They’re also not backed by one of the big four banks — Australia and New Zealand Banking Group (ASX:ANZ), the Commonwealth Bank of Australia (ASX:CBA,OTC Pink:CBAUF), National Australia Bank (ASX:NAB,OTC Pink:NAUBF) and Westpac Banking (ASX:WBC,OTC Pink:WEBNF).

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The term “neobank” seems to be cropping up more and more in the Australian market. What should investors know about neobanks in Australia?

Cannabis in the ACT: The Market a Year Post-Legalisation

It’s been just over a year since recreational cannabis was legalised in the Australian Capital Territory (ACT), home to the nation’s capital city of Canberra.

Announced on September 25, 2019, and brought into effect on January 31, 2020, the rules make it legal to possess and personally use small amounts of cannabis.

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A look at the first year of legal recreational cannabis in the Australian Capital Territory.

Australia’s Medical and Recreational Cannabis Markets

Cannabis continues to be a topic of much interest in Australia, particularly for keen investors who have seen plenty of ups and downs in the market over the past 12 months.

When discussing cannabis from an Australian investment perspective, we are of course discussing medicinal cannabis — an extract of the cannabis plant delivered as a pill, oil, nasal spray or other form used to relieve symptoms of a medical condition.

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Australia’s Medical and Recreational Cannabis Markets

Cannabis continues to be a topic of much interest in Australia, particularly for keen investors who have seen plenty of ups and downs in the market over the past 12 months.

When discussing cannabis from an Australian investment perspective, we are of course discussing medicinal cannabis — an extract of the cannabis plant delivered as a pill, oil, nasal spray or other form used to relieve symptoms of a medical condition.

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What is the difference between medical and recreational cannabis in Australia? Learn more about both markets in this overview.

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