Comments on: Australians working online, let us rejoice, we’re all about to take a paycut http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/ blogging is not a spectator sport Fri, 30 Jul 2010 03:07:12 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Duncan http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/comment-page-1/#comment-127110 Duncan Tue, 27 Mar 2007 08:43:17 +0000 http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/#comment-127110 I've looked into it a little bit, but it seems a little involved for an Australian based in Australia, certainly post 9/11 opening a US bank account involves turning up at a US based branch 99.99% of the time from what I can gather. Oddly enough I had a US bank account back in 98, but it was closed due to lack of activity about 2 years later. I’ve looked into it a little bit, but it seems a little involved for an Australian based in Australia, certainly post 9/11 opening a US bank account involves turning up at a US based branch 99.99% of the time from what I can gather. Oddly enough I had a US bank account back in 98, but it was closed due to lack of activity about 2 years later.

]]> By: ian holsman http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/comment-page-1/#comment-127107 ian holsman Tue, 27 Mar 2007 08:23:47 +0000 http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/#comment-127107 have you thought of opening a $USD based account? then you can keep the money in $USD until the rate goes back down again (if you think it will). This might help if you do a lot of $US based payments as well as receiving it. I've heard good things about http://www.xe.com/fx/, but it requires your payers to wire you funds, instead of cutting you a cheque (which takes about 6 weeks to clear anyway) they have less of a spread than a regular bank/paypall as well. have you thought of opening a $USD based account? then you can keep the money in $USD until the rate goes back down again (if you think it will). This might help if you do a lot of $US based payments as well as receiving it.

I’ve heard good things about http://www.xe.com/fx/, but it requires your payers to wire you funds, instead of cutting you a cheque (which takes about 6 weeks to clear anyway) they have less of a spread than a regular bank/paypall as well.

]]> By: Duncan http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/comment-page-1/#comment-127102 Duncan Tue, 27 Mar 2007 08:10:11 +0000 http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/#comment-127102 The worst thing for me Ian is that the cross rates sell/ buy have blown out as well, I'm still getting 78c on Paypal for conversion, and yet I banked a USD check for $106 today, in exchange they calculated it to $116 AUD. I wish I was in the FX game, I'd be making a million The worst thing for me Ian is that the cross rates sell/ buy have blown out as well, I’m still getting 78c on Paypal for conversion, and yet I banked a USD check for $106 today, in exchange they calculated it to $116 AUD. I wish I was in the FX game, I’d be making a million

]]> By: ian holsman http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/comment-page-1/#comment-127053 ian holsman Tue, 27 Mar 2007 03:16:09 +0000 http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/#comment-127053 I'm in the same boat. but still.. I'm working on $US rates, which are about 50% higher than the aussie ones in the first place, so I really shouldn't complain too much. Thailand would be an option, but the timezone is a bit worse, so would be waking up at 2am to talk to the US. a small pacific island with a fat pipe would be better. I’m in the same boat.

but still.. I’m working on $US rates, which are about 50% higher than the aussie ones in the first place, so I really shouldn’t complain too much.

Thailand would be an option, but the timezone is a bit worse, so would be waking up at 2am to talk to the US.

a small pacific island with a fat pipe would be better.

]]> By: Mike http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/comment-page-1/#comment-124672 Mike Wed, 21 Mar 2007 14:49:33 +0000 http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/#comment-124672 All i can say is, move to Thailand mate :-) All i can say is, move to Thailand mate :-)

]]> By: Andy Merrett http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/comment-page-1/#comment-124318 Andy Merrett Tue, 20 Mar 2007 14:26:22 +0000 http://www.duncanriley.com/2007/03/20/australian-working-online-let-us-rejoice-were-all-about-to-take-a-paycut/#comment-124318 Haven't looked at how bad it is for you, but the UK pound is strong against the US dollar as well, and have a similar issue with payments. Fortunately a lot of payment is now in sterling, except one which bizarrely goes VIA the US even though the company, and I, are in the UK. Argh! I hate exchange rates. Haven’t looked at how bad it is for you, but the UK pound is strong against the US dollar as well, and have a similar issue with payments. Fortunately a lot of payment is now in sterling, except one which bizarrely goes VIA the US even though the company, and I, are in the UK. Argh!

I hate exchange rates.

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