Unclaimed Money: Are You Leaving Free Money on the Table?

February 23
26 mins

Episode Description

In this episode of The Australian Finance Podcast, your hosts Owen Rask and Gemma Mitchell dive into one of the easiest money wins of the year: finding unclaimed money. T

hey uncover:

– Why billions of dollars are sitting unclaimed in Australia

– How to check if any of it is yours (in 10 minutes or less)

– The three places to search: ATO, ASIC, and your state government

– Why this should be part of your annual financial health check

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Topics Covered

– How Much Unclaimed Money Is in Australia?

– Why This Happens: Job Changes, Moving House & More

– Lost Super Explained

– $19B Still Unclaimed

– How to Check for Lost Super via myGov

– Caution: Before Consolidating Your Super

– ASIC’s $2.7B Unclaimed Money Register

– Forgotten Bank Accounts, Shares & Insurance Proceeds

– How to Use the Free MoneySmart Tool

– State Government Registers & Examples

– NSW’s $300M in Unclaimed Payments

– Gemma’s Story: Checking Across Four States

– The 10-Minute Money Treasure Hunt: Your Checklist

– Set an Annual Reminder for Your Financial Health

– Scam Warning: Searching is Free on Government Sites

– Final Takeaway: You Might Already Be Owed Money


Resources for this episode

📄 Start your unclaimed money search:

ATO myGov Super Portal

ASIC Unclaimed Money Tool

Revenue NSW – Unclaimed Money


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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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