Meudell's father came to Victoria from Edinburgh and took work in the Bendigo branch of the Bank of Victoria, eventually becoming that institution's General Manager. Meudell followed him into finance.
The publication of The Pleasant Career of a Spendthrift in 1929 caused a sensation. On the instruction of its chairman J. M. Gillespie, Robertson & Mullen's withdrew it, and other booksellers were warned of possible legal consequences of stocking it. For a time Meudell sold his book privately but in 1935 published an expurgated version, The Pleasant Career of a Spendthrift and his Later Reflections.
He refers to himself in The Pleasant Career of a Spendthrift as 'a contributor of quips, cranks, and wanton wiles to the Sydney Bulletin for forty years' (49).