Well I worked it out anyway, in the end my workflow now looks like this.
I connect to the PDW-1500 via a FTP application (FileZilla) and copy the cilps to a Local Folder on the MAC naming the local folder on the mac with the desired reel name. i then open XDCAM Transfer and import the Footage from the local folder directly into FCP.
In this process i tried connecting to the PDW-1500 via the Connect in Finder then connecting to the map with XDCAM Transfer.. this did not work
I also tried Net drives such as WebDrive this worked but was very slow.
I also tried Flip4Mac XDCAM, this also worked but cost $499. so far the FTP FileZilla work flow although a little time consuming ended up being the fastest and cheapest way for me to get the data of the PDW-1500.
Hopefully someone will find this and save them the pain that i went though
Mike