The money you didn’t know you had: Unclaimed super and savings explained

Since 2022, ATO helped more than $5 billion find their owners through nearly 3 million unclaimed accounts. But nearly $18.9 billion of super money still remains unclaimed in. Inset: Puneet Singh is a registered Australian tax agent. Credit: Source: Getty / Traceydee Photography ; Inset: Supplied by Puneet Singh

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If you’ve changed jobs, moved house, or worked in Australia on a temporary visa, there’s a chance some of your money is sitting unclaimed with the government. The good news is it isn’t lost. It’s simply waiting to be claimed. According to new data released by the Australian Taxation Office (ATO) last year, nearly $19 billion in lost and unclaimed superannuation is waiting to be claimed by over seven million people. In this podcast, registered tax agent Puneet Singh explains where this money goes, how the ATO holds it and the simple steps you can take to check if you’re owed money and how to claim it.

[Disclaimer: This information is intended as a general guide. For advice tailored to your situation, please consult a qualified professional.]

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