NSW residents are being urged to reconnect with their money and get some extra cash to spend this Christmas, by checking for any unclaimed money held by Revenue NSW.
Baulkham Hills State Liberal MP David Elliott said more than $461 million in unclaimed money was sitting with Revenue NSW that would be better reunited with its rightful owners.
“Christmas is a time of year where all families could do with a little extra,” Mr Elliott said.
“COVID-19 has also seen many families tighten their budgets. A quick search could help identify money that is sitting, waiting to be claimed through Revenue NSW which could be used these summer holidays.
“It’s quick and easy to check if you have unclaimed money. Simply visit the Revenue NSW website and type your name into the free search tool. If you do find some money, lodge a claim with Revenue NSW and collect your money,” Mr Elliott said.
Minister for Finance Damien Tudehope urged the Baulkham Hills community to check whether they had any money owing to them.
“This money belongs to the people of NSW and I want to make sure it goes back to them.”
Revenue NSW holds more than a million 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Trustees, local councils and government agencies that can’t be returned to the owner because their contact details are out of date and they cannot be tracked down.
“It only takes a few minutes and you could walk away with some extra Christmas money in your pocket to spend on loved ones.”
The NSW Government holds unclaimed money indefinitely until it is claimed. It includes share dividends, trust accounts, refunds, commissions, deceased estates and money from a range of other sources.