June 23rd 2024.
Residents in New South Wales may not know this, but they could potentially be sitting on a small fortune without even realizing it. The state government has over $234 million in unclaimed money from various sources such as refunds, overpayments, share dividends, bonds, uncashed cheques, and even the sale of properties. That's a lot of money just waiting to be claimed!
In fact, the average amount of money that people are owed is $391. That may not seem like a lot, but every little bit counts, especially when it comes to unexpected windfalls. The good news is that it only takes a minute to find out if you are owed a share of this money. All you have to do is head over to the Revenue NSW website and search their free unclaimed money register.
If you do find that you are owed some money, you will need to provide supporting documents to verify your claim. But don't worry, once everything checks out, you can expect to receive your funds within 28 days. This year alone, the state has already returned $21 million to households, thanks to the efforts of Finance Minister Courtney Houssos.
Houssos encourages all residents to take advantage of this opportunity and claim any money that may be owed to them. With $230 million still available, it's definitely worth taking a few minutes to search the register and see if any of it belongs to you. And as State Revenue chief commissioner Scott Johnston points out, it's important to do so because the longer the money sits unclaimed, the less likely it is to be returned to its rightful owner.
So, where exactly is all this unclaimed money coming from? Well, it turns out that the top areas in regional NSW with unclaimed money are Newcastle and Lake Macquarie with $7.4 million and the Illawarra with $5.8 million. In the Sydney metro area, the largest amounts of unclaimed money can be found in Sydney City and Inner South with $41.2 million, North Sydney and Hornsby with $25.6 million, and Inner South West with $18.6 million.
For those who want to stay updated on all the latest breaking news, celebrity gossip, and sports updates, there is even a WhatsApp channel available. This allows you to stay connected without having to deal with comments, algorithms, or the fear of your private information being seen by others. With so much money waiting to be claimed and exciting updates to follow, it's definitely worth checking out!
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