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Is unclaimed coin yours?

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February 26, 2018

More than 1000 people in the City of Greater Shepparton have no idea they are sitting on an unexpected windfall of unclaimed money, according to State Revenue Office records.

More than 1000 people in the City of Greater Shepparton have no idea they are sitting on an unexpected windfall of unclaimed money, according to State Revenue Office records.

Almost $120000 is waiting to be claimed in this area, ranging from $20 all the way up to the area’s single biggest entitlement of almost $5000 for a Mooroopna man, followed by $3500 for a Shepparton woman and $1200 for an Arcadia man.

The State Revenue Office holds records of money that remain unclaimed after a year.

This includes share dividends, salaries and wages, rents and bonds, debentures and interest, and proceeds from sales.

Latest figures in Greater Shepparton show this equalled 1289 individual entitlements for suburbs including Murchison, Kialla, Merrigum and Congupna.

Central Shepparton leads with $45837 (367 entitlements), followed by Mooroopna ($22581 for 255 entitlements) and Tallygaroopna ($14479 for 106 entitlements).

Across Victoria, there are more than 800000 entitlements waiting to be claimed.

To search for your unclaimed money, visit sro.vic.gov.au/unclaimedmoney

Victorian Treasurer Tim Pallas said people just needed to go to the website and type in their name.

‘‘If we’re holding unclaimed money for you, you’ll know within seconds. If you find an unexpected windfall, just follow the prompts to start the recovery process,’’ Mr Pallas said.

State Member for Northern Victoria Mark Gepp urged Shepparton residents, businesses and community groups to visit the State Revenue Office online database and search for any amount recorded under their name.

‘‘The database is a quick and easy online search tool, so there is no need to involve a third party to track down your money,’’ Mr Gepp said.

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