News

Media Release | June 01, 2020

Are you missing money that is rightfully yours?

The Nationals Member for Lowan, Emma Kealy is urging local residents and businesses to find out if they have unclaimed monies sitting with the Victorian State Revenue Office (SRO).

Recent data from the SRO shows that hundreds of millions of dollars sit unclaimed with over a million entitlements waiting for their rightful owner.

Ms Kealy said with the economic repercussions of the coronavirus pandemic taking their toll, it’s a shame to know that so much money is sitting unclaimed in government coffers instead of being out and about stimulating the local economy.

The unclaimed entitlements range from as little as $20 all the way up to $994,994.

“I’m urging everyone to log on to the SRO website and run a quick search to see if one or more of these unclaimed entitlements belong to them,” Ms Kealy said.

“It only takes a matter of minutes - you could be sitting on a windfall and not even know it.”

The unclaimed money is made up of share dividends, salaries and wages, rents and bonds, debentures and interest, and proceeds from sales that, for whatever reason, has not been collected by the rightful owner within 12 months.

There is no time limit to claiming held money, which can be searched via sro.vic.gov.au/unclaimedmoney