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news.com.au 18 Nov, 2021 09:15 am

More than $2 billion owed to Australians in unclaimed cash

More than $2 billion owed to Australians in unclaimed cash
Billions of dollars owed to Australians is sitting dormant in government and company accounts, waiting to be claimed by unwitting residents across the country.

Australians are unaware of the billions of dollars owed, sitting in bank accounts, companies and shares.Billions of dollars owed to Australians is sitting dormant in government and company accounts, waiting to be claimed by unwitting residents across the country.” Mr Pratt said the billions of dollars will be held by the government until the owners of the cash apply for the funds.Money recovery firm Nationwide Claims Service said the sheer volume of the unclaimed finances was staggering.

Nationwide Claims Service has pulled all the data from the departments on to its website, findunclaimedmoney.23 billion is waiting to be claimed, Nationwide Claims Service director Maurice Pratt told NCA NewsWire.

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