k RUDDS $900

by **JMOLLY** » April 22nd, 2009, 12:54 pm

Bipolar wrote:Yep and the agents are refusing to pass it on coz it's a job they're not getting paid to do.

Well if the cash is going into their accounts they would be getting interest off the money that is sitting there, so they would be getting paid a bit depending on how long they decide to hold onto the money.Wouldn't be a hard job to do would it? Just transferring the money over to each of their clients accounts.

by **t1MMy** » April 22nd, 2009, 2:09 pm

WOO!! Got mine!!!

by **XRated** » April 22nd, 2009, 3:37 pm

JMOLLY wrote:
Bipolar wrote:Yep and the agents are refusing to pass it on coz it's a job they're not getting paid to do.

Well if the cash is going into their accounts they would be getting interest off the money that is sitting there, so they would be getting paid a bit depending on how long they decide to hold onto the money.Wouldn't be a hard job to do would it? Just transferring the money over to each of their clients accounts.

lol how old are you?

by **JMOLLY** » April 23rd, 2009, 10:26 am

XRated wrote:
JMOLLY wrote:
Bipolar wrote:Yep and the agents are refusing to pass it on coz it's a job they're not getting paid to do.

Well if the cash is going into their accounts they would be getting interest off the money that is sitting there, so they would be getting paid a bit depending on how long they decide to hold onto the money.Wouldn't be a hard job to do would it? Just transferring the money over to each of their clients accounts.

lol how old are you?

Why?
You get interest monthly (well you do in my account), so if they hold onto it for a month then they will earn a fair bit of money depending on how many clients they have. Makes sense if you think about it.

How do you think companies such as Paypal make their money? They hold onto the money for about a week or so and make their money through the interest they get.

by **tangcla** » April 23rd, 2009, 11:03 am

JMOLLY wrote:Why?
You get interest monthly (well you do in my account), so if they hold onto it for a month then they will earn a fair bit of money depending on how many clients they have. Makes sense if you think about it.

How do you think companies such as Paypal make their money? They hold onto the money for about a week or so and make their money through the interest they get.

It works well in theory - until you take into account the cost of administering and re-distributing the money to clients.

It doesn't make sense after administration costs. Corporate working cash bank accounts earn next to no interest anyway. Not even enough to cover the cost of administration.

by **tangcla** » April 23rd, 2009, 11:04 am

P.S. I got my payment two weeks ago

before Easter.

by **Eb Barbie** » April 23rd, 2009, 12:11 pm

Yeah I get what you mean tangcla. I know you make interest Jai but they wont make much seeing as though they are distributing the money out ASAP and its going to take quite some time to get all their clients account details and transfer the money across.

by **JMOLLY** » April 23rd, 2009, 12:52 pm

Eb Barbie wrote:Yeah I get what you mean tangcla. I know you make interest Jai but they wont make much seeing as though they are distributing the money out ASAP and its going to take quite some time to get all their clients account details and transfer the money across.

But, shouldn't they already have all their clients details from when they do their tax returns?

by **Steady** » April 23rd, 2009, 12:55 pm

Depends on the accountant, my return goes into my accountants bank and then he sends me a cheque minus his fees, so he doesn't have my bank details.

by **JMOLLY** » April 23rd, 2009, 1:01 pm

Steady wrote:Depends on the accountant, my return goes into my accountants bank and then he sends me a cheque minus his fees, so he doesn't have my bank details.

OK

by **Commando** » April 23rd, 2009, 1:01 pm

O/T... Speaking of interest, there was a tatts syndicate at my old workplace & the syndicate won $1.2M. The entire $1.2M went into the syndicate organiser's account for 3 days before the shareholders received their cut, but in that 3 days he'd received $700 interest!

by **JMOLLY** » April 23rd, 2009, 1:05 pm

Commando wrote:O/T... Speaking of interest, there was a tatts syndicate at my old workplace & the syndicate won $1.2M. The entire $1.2M went into the syndicate organiser's account for 3 days before the shareholders received their cut, but in that 3 days he'd received $700 interest!

Which is what I was trying to say.. but I cbf fighting with everyone about it.

by **XRated** » April 23rd, 2009, 3:49 pm

JMOLLY wrote:
XRated wrote:
JMOLLY
Well if the cash is going into their accounts they would be getting interest off the money that is sitting there, so they would be getting paid a bit depending on how long they decide to hold onto the money.Wouldn't be a hard job to do would it? Just transferring the money over to each of their clients accounts.

lol how old are you?

[quote="JMOLLY wrote:Why?
You get interest monthly (well you do in my account), so if they hold onto it for a month then they will earn a fair bit of money depending on how many clients they have. Makes sense if you think about it.

How do you think companies such as Paypal make their money? They hold onto the money for about a week or so and make their money through the interest they get.

Because do you really think an accountant is going to sit there going through people's back accounts transferring money, or even pay someone to do that for them to accumulate a few hundred bucks?

PayPal make most of their money from fees and taking x% out of transactions.

by **EFFalcon** » April 23rd, 2009, 6:22 pm

you'd have to be holding onto a serious amount of cash to make a reasonable amount of interest out of it.
I know my work is trying to optimise their working capital to make the most of interest we should be getting
but we're talking millions.

by **huggiebear** » May 5th, 2009, 7:58 am

i just got mine then :drinks2:

by **Malakai** » May 5th, 2009, 8:46 am

I got my slice overnight too.

by **Commando** » May 5th, 2009, 8:54 am

I keep on getting mail from the previous tenants that lived at my place last year. They CBF updating their details to the banks, doctors, sporting associations, RACV, centrelink, bills, VicRoads, etc etc, but they *could* be bothered with sending me a letter saying "please forward on all mail to xxx"

I received their Rudd cheques a fortnight ago. Been getting lazy with forwarding on mail lately, maybe I should forward them on soon

Their problem, not mine!

by **holmsy** » May 5th, 2009, 6:51 pm

id be sending a large bulk of mail and one of your own saying any future mail and bills will be burnt any cheques and money will be kept

by **fastea** » May 5th, 2009, 7:11 pm

nice. and the cops will visit his house and arrest him for committing a federal offence.

by **holmsy** » May 5th, 2009, 7:18 pm

ok dont tell them
proove he ever got the mail

by **krisisdog** » May 5th, 2009, 7:21 pm

fastea wrote:nice. and the cops will visit his house and arrest him for committing a federal offence.

Go back to Warcraft poindexter.

by **FOR.0EL** » May 5th, 2009, 8:09 pm

c'mon rudd where is my mulah!

by **e series falcon** » May 5th, 2009, 8:16 pm

haha he paid for my lokka lol

by **hXc_Cam** » May 5th, 2009, 9:24 pm

i want my money damn it

by **93edxr6** » May 5th, 2009, 10:02 pm

still aint got mine

by **FOR.0EL** » May 5th, 2009, 10:09 pm

we still have to the 16th, im still deciding what to spend it on!

by **nothin suss** » May 5th, 2009, 10:17 pm

Where's my money man?? Where's my money... You've got money for fake moustaches... lol, best Family Guy clip ever. http://www.youtube.com/watch?v=_AJ0SkbPxAk
http://www.youtube.com/watch?v=EuAVgWJ28Hw
Incase y'all haven't seen it.

I actually had my mulah appear in my account over the past week sometime?
I subsequently have a nice shiny new set of Cleveland Irons in a flash matching staff bag! Swoit!

by **bentls** » May 5th, 2009, 10:45 pm

still waiting.....

by **Steady** » May 6th, 2009, 6:11 am

I got a cheque from the ATO last week, caaarnts, now I gotta make time to get to the bank to cash the fukken thing, it better not bounce.

by **Commando** » May 6th, 2009, 8:13 am

nothin suss wrote:Cleveland Irons

You Bossing the DC?

by **tangcla** » May 6th, 2009, 8:38 am

Commando wrote:I keep on getting mail from the previous tenants that lived at my place last year. They CBF updating their details to the banks, doctors, sporting associations, RACV, centrelink, bills, VicRoads, etc etc, but they *could* be bothered with sending me a letter saying "please forward on all mail to xxx"

I received their Rudd cheques a fortnight ago. Been getting lazy with forwarding on mail lately, maybe I should forward them on soon

Their problem, not mine!

lol , too bad cheques are addressed to them by name isn't it

by **Commando** » May 6th, 2009, 9:00 am

I know

Just thinking of all the mint EA S-Packs I could buy with their cheques is pantswrenching.

by **nothin suss** » May 6th, 2009, 1:24 pm

Commando wrote:
nothin suss wrote:Cleveland Irons

You Bossing the DC?

Haha nah, has crossed my mind tho...

THESE ARE THE NEW PUPPIES:

by **Commando** » May 6th, 2009, 1:48 pm

Nice!

I scored free 1970s clubs of my Pa about 8 years ago, full set + bag & caddy. Cant' play for shit though, my slice is so bad that one time it landed TWO fairways away! (3 holes in parallel)

by **Kaddis** » May 6th, 2009, 2:14 pm

I got mine last week, and a letter from the ATO saying i owe them money from my VT i bought last year saying it's worth more than what i paid so they require $112 off me

by **nothin suss** » May 6th, 2009, 2:17 pm

Commando wrote:full set + bag & caddy.

It came with a free person to carry your bag about???

by **FOR.0EL** » May 6th, 2009, 2:28 pm

nothin suss wrote:
Commando wrote:full set + bag & caddy.

It came with a free person to carry your bag about???

similar to the caddy that happy gets on happy gilmore! haha

im guessing he means the little wheel trolley thing for the bag?

by **Commando** » May 6th, 2009, 2:31 pm

nothin suss wrote:
Commando wrote:full set + bag & caddy.

It came with a free person to carry your bag about???

Eduardo has been in the family for decades, he's also our gardener & general manservant. Mum sometimes spends all day gardening with him, usually when Dad's at work.

But seriously, wrong terminology, I meant buggy/bag carrier/wheely thing.

by **Yagz** » May 6th, 2009, 2:47 pm

i got mine this morning.

option 3 mal wood 11", here i come!

by **holmsy** » May 6th, 2009, 4:29 pm

Kaddis wrote:I got mine last week, and a letter from the ATO saying i owe them money from my VT i bought last year saying it's worth more than what i paid so they require $112 off me

thats fucked.
can ya tell them it had shit house paint and didnt run to good so wasnt worth much?

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