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Lost super savings totals $17.5 billion

Someone in NSW has more than $2 million sitting unclaimed in a superannuation account, according to Australian Taxation Office figures.

Australian dollars
تتحدث حلقة بودكاست لنحكِ عن المال عن أبرز خصائص صناديق السوبر أو التقاعد، لمعرفة كيف يمكن اختيار الصندوق الانسب في أستراليا. Source: AAP

Australians are being urged to check for any lost super, with $17.5 billion unclaimed nationwide.

The Australian Taxation Office revealed on Friday that one NSW account holder alone has more than $2 million waiting to be claimed.

"Our data shows there are some large amounts still lost," said ATO Assistant Commissioner Graham Whyte said.

In the last financial year, $420 million worth of super funds were reunited with  their owners.

But there's still $17.5 billion unclaimed.

Mr Whyte said people often lose contact with their super funds when they change jobs, move house, or simply forget to update their details.

A list of the top ten postcodes with the highest amount of lost and unclaimed super:

1. 4740, QLD - $60.1 million unclaimed

2. 2170, NSW - $59.2mln

3. 4870, QLD - $57.5mln

4. 3030, Vic - $56.7mln

5. 4350, Qld - $53.3mln

6. 2560, NSW - $50.2mln

7. 2010, NSW - $45.7mln


1 min read

Published

Updated

Presented by Justin Sungil Park

Source: AAP




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