Show me the money

Get on­line to see if your cash is sit­ting around some­where, writes John Rolfe

The Weekend Post - - News -

WHAT do Scott Mor­ri­son and Karl Ste­fanovic have in com­mon? Un­claimed money, and you could too.

The Aus­tralian Se­cu­ri­ties and In­vest­ments Com­mis­sion is hold­ing about $1.1 bil­lion in lost shares, bank ac­counts and life in­sur­ance. State gov­ern­ments hold hun­dreds of mil­lions of dol­lars of un­claimed money as well. ASIC has shares, bank ac­counts and life in­sur­ance. States hold funds from de­ceased es­tates, div­i­dends, bonds, re­funds and over­pay­ments. Search the ASIC data­base and state reg­is­ters on the Fed­eral Gov­ern­ment’s Money Smart site.

In writ­ing this, I dis­cov­ered I had un­claimed money. It wasn’t much, but it wasn’t hard to get back ei­ther. Search­ing my fa­ther’s name re­vealed he was owed five amounts. Celebri­ties are also miss­ing cash. The for­mer model now fash­ion de­signer Jodhi Tsin­dos, aka Jodhi Meares, is owed more than $2000 in two amounts, ac­cord­ing to the NSW Gov­ern­ment state reg­is­ter. Her for­mer fa­ther in law, the late Kerry Packer, for­got about $15,000, ac­cord­ing to the ASIC data­base.

For­mer NSW Blues cap­tain Paul Gallen has $437 to claim. It is from his for­mer en­ergy provider — yes, you guessed it, Ori­gin. Fed­eral Trea­surer Scott Mor­ri­son ap­pears to have al­lowed $610 slip through his fin­gers, from a St Ge­orge ac­count. It was de­clared lost in 2002.

Rugby league “im­mor­tal” An­drew Johns, AFL stars Lance “Buddy” Franklin and Scott Pendle­bury, Test cricket leg­end Matthew Hay­den and even Karl Ste­fanovic are other fa­mous faces with mis­placed moulah.

Here’s a tip: if you’ve lived in dif­fer­ent states try search­ing us­ing the Vic­to­rian Gov­ern­ment ser­vice, be­cause it lets you search ev­ery ju­ris­dic­tion at once. You can reach it by typ­ing all­state­search into a web page. You will still need to do a sep­a­rate search on the ASIC data­base.

Happy hunt­ing.

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