- Over $170 million of lost or forgotten money sitting on the WA Register of Unclaimed Money
- Western Australians encouraged to head to the Treasury website or use the ServiceWA app to check if they have money that can be returned to them
- Over $2 million returned to owners last financial year
Western Australian residents could be missing out on lost or forgotten money, with over
$170 million of unclaimed money on the WA Register of Unclaimed Money.
The register has recently been updated with around 147,000 new records, including large individual unclaimed amounts of around $185,000 and $165,000.
The full register now contains more than 1.2 million records totalling over $170 million.
The unclaimed monies relate to WA-based organisations that have been unsuccessful in returning funds to the rightful owners, and typically relate to:
- dividend payments;
- rental bond refunds;
- vehicle licence refunds;
- overpayment of utility bills; and
- refunds from education providers.
Over $2 million was returned to the pockets of rightful owners last financial year.
To search the register, visit http://www.wa.gov.au/treasury/unclaimed-money or use the ServiceWA app.
As stated by Treasurer Rita Saffioti:
"The WA Register of Unclaimed Money continues to grow, and there would be many
Western Australians who wouldn't be aware of outstanding money owed to them.
"It's very easy to check the register online or via the ServiceWA app, so I encourage all Western Australians to take these simple steps and check if they're entitled to any of the funds.
"Importantly, in Western Australia there is no time limit to claim funds and there are no fees charged for returning money to the rightful owners."
