$20 billion of unclaimed Medicare payment and ATO superannuation

unclaimed medicare payment superannuation payment ATO

A substantial amount of unclaimed money, totaling billions of dollars, currently awaits retrieval by Australian citizens. This encompasses various financial sources, including dormant bank accounts, unclaimed Medicare benefits, and lost superannuation funds. ASIC’s Unclaimed Money Holdings The Australian Securities and Investments Commission (ASIC) currently maintains custody of approximately $2.3 billion in unclaimed funds. These assets … Read more