$100,000 bond who's paid it
Jul 28th 2005, 10:00 am
#31
What's happening dudes?
Joined: Mar 2004
Location: Bayside Brisbane
Posts: 20,647
Re: $100,000 bond who's paid it
Originally Posted by Jennie
We are awaiting request for bond at the moment and dont like how much it is at present. When it is paid do you know if the interest will be on the pount amount or just the $100,000 depending on interest rate when you get it back.
Jenn
Jenn
Aug 2nd 2005, 9:05 am
#32
Australia since 09/2001
Joined: Sep 2004
Location: Chichester > Wellington 04/00 > Melbourne 09/01 > Perth 12/06
Posts: 148
Re: $100,000 bond who's paid it
Originally Posted by wmoore
The Aussie government has absolutely no interest in pounds! You'll get interest calculated on and paid in dollars. The way we looked at it was that the bond was a one-off transfer. It did cost us more than we hoped but when the money comes back - with interest - we'll be living in dollars anyway so at leas we know we'll get $100k plus interest.
If someone has 115 points (i.e. just 5 points short of the 120 pass mark), can they, if they have AUD $100k to invest, gain the final 5 points by investing it? Thus you apply with just 115 points and the promise to pay the bond? Many thanks. If so, does it matter what state the bond is held in? Hoping to move to W.A.
Aug 2nd 2005, 1:48 pm
#33
Moved out bush!
Joined: Nov 2003
Location: Chittering WA
Posts: 1,093
Re: $100,000 bond who's paid it
I did and have had it back recently. The tax man has had his chunk though it all had to go on our first aussie tax return.
Jenny
Jenny
Aug 2nd 2005, 2:34 pm
#34
Forum Regular
Joined: Dec 2002
Location: Sydney
Posts: 220
Re: $100,000 bond who's paid it
Originally Posted by wargod
Totally agree !1
Definitely totally agree!!!
Aug 2nd 2005, 6:26 pm
#35
DAMN.........I'M GOOD
Joined: May 2005
Location: Barnsley, South Yorkshire for now
Posts: 718
Re: $100,000 bond who's paid it
Originally Posted by lovealot
Who has had to pay the bond to be accepted
What's this about a $100.000 bond to be accepted?
who is it payable to and when?
Coz this is the first we have heard about it!!!!!!!
Thanx :scared:
Aug 2nd 2005, 7:20 pm
#36
Joined: Jan 2005
Location: Asia Pacific
Posts: 4,922
Re: $100,000 bond who's paid it
Originally Posted by BRICKY ADE
Hi Lovealot
What's this about a $100.000 bond to be accepted?
who is it payable to and when?
Coz this is the first we have heard about it!!!!!!!
Thanx :scared:
What's this about a $100.000 bond to be accepted?
who is it payable to and when?
Coz this is the first we have heard about it!!!!!!!
Thanx :scared:
Aug 2nd 2005, 7:33 pm
#37
DAMN.........I'M GOOD
Joined: May 2005
Location: Barnsley, South Yorkshire for now
Posts: 718
Re: $100,000 bond who's paid it
Originally Posted by Centurion
The Bond is only a method to scrounge up another 5 points should you need it to attain the passmark. Dont panic - its not needed in all cases
I just saw the $100.000 and went into shear panic !! :scared:
Aug 2nd 2005, 9:59 pm
#38
What's happening dudes?
Joined: Mar 2004
Location: Bayside Brisbane
Posts: 20,647
Re: $100,000 bond who's paid it
Originally Posted by BRICKY ADE
Thanx
I just saw the $100.000 and went into shear panic !! :scared:
I just saw the $100.000 and went into shear panic !! :scared:
There were tears shed, I'll be honest 
