Dear guys,
USD$1.2 million = AUD$2,142,857.10 (AUD$1.00=USD$0.56)
20% deposit
10% from seller (Explained.)
Balance of deposit = 10% = $214,000 (AUD)
$100k from LOC
$44,642 from loan shark.
Still the shortfall on getting the deposit is $55,358.00
Hmmmm...