Western Australian residents could be missing out on lost or forgotten money, with $170 million of unclaimed money on the WA Register of Unclaimed Money.
WA Register of Unclaimed Money continues to grow
“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,” Treasurer Rita Saffioti said.
The register has recently been updated with around 147,000 new records, including large individual unclaimed amounts of around $185,000 and $165,000.
How to check if the lost money is yours
“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,” Saffioti said.
“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.”
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.
More than $2 million was returned to the pockets of rightful owners last financial year. To search the register, visit the website or use the ServiceWA app.
