$4.4 Million Of Free Money Still Unclaimed

09 Jun 2020 cost_of_living

Central Coast residents are being urged to log in to the Revenue NSW and check if they are eligible for a share of unclaimed millions waiting to be claimed.

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said $4,392,662 remains unclaimed in the Central Coast LGA.


“This isn’t the Government’s money – it belongs to people in our community and I encourage everyone to check whether they can claim back any money,” Mr Crouch said.


“Typically this includes share dividends, trust accounts, refunds, commissions, deceased estates and money from a range of other sources.


“It only takes a few minutes to check and you could walk away with hundreds of thousands of dollars you didn’t know about.


“I would encourage everyone to visit the Revenue NSW website and type your name into the search tool. If you do have a claim, notify Revenue NSW and collect your money.”


Minister for Finance Damien Tudehope said a total of $442 million in forgotten money was sitting with Revenue NSW.


“We know many people are doing it tough, especially during the COVID-19 pandemic, and households are having to keep a close eye on their budget, which is why I encourage people to check their eligibility,” Mr Tudehope said.


Revenue NSW holds unclaimed items from private companies, State Trustees, local councils and government agencies that can’t be returned to the owner because their contact details are out of date and they cannot be tracked down.


Unclaimed money is held indefinitely until it is claimed.


For more information, go to: www.revenue.nsw.gov.au/unclaimed-money.