Question :
How much does the minimum bid increase by?
 
Answer :
The start bid is $24.50, the next minimum bid is 5% of the current bid rounded to the nearest 50c.

For example:

Current bid is $25
5% of $25 = $1.25
$1.25 rounded to the nearest 50c
Next minimum bid is $26.50

Prices exclude GST

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