$1.2 Million Waiting To Be Claimed

09 March 2016

Thousands of people are unaware that they are sitting on an unexpected windfall of unclaimed money in Latrobe City.

Over $1.2 million is waiting to be claimed, ranging from $20 all the way up to Latrobe’s single biggest entitlement of over $48,000 for a man in Newborough, followed by over $5000 for a woman in Churchill and almost $1400 for a woman in Yinnar.

The State Revenue Office holds records of money that remain unclaimed after 12 months. This includes share dividends, salaries and wages, rents and bonds, debentures and interest, and proceeds from sales.

As at 31 January 2016, in Latrobe City this equalled 19,788 individual entitlements for 16 suburbs including Hazelwood, Glengarry, Jumbuk, Koornalla and Jeeralang. Across Victoria, there are over 1.5 million individual entitlements waiting to be claimed.

Traralgon leads with $487,990.30 (8638 entitlements), followed by Morwell ($362,640.70 for 5577 entitlements) and Newborough ($161,188.30 for 2067 entitlements).

To search for your unclaimed money, visit Link

Quotes attributable to Treasurer Tim Pallas

“I encourage all Latrobe residents, businesses and community groups to visit the State Revenue Office online database and search for any amount recorded under their name.”

“You just need to type your name and if we’re holding unclaimed money for you, you’ll know within seconds. If you find an unexpected windfall, just follow the prompts to start the recovery process.”

Quotes attributable to Member for Eastern Victoria Harriet Shing

“Latrobe residents have $1.2 million just waiting to be claimed, and I encourage everyone to search the database.”

“The database is a quick and easy online search tool, so there is no need to involve a third party to track down your money.”

Reviewed 19 August 2020

Was this page helpful?