Money yet to be claimed

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By Alesha Capone

Hoppers Crossing residents are yet to claim hundreds of thousands of dollars from the State Revenue Office (SRO).

The SRO holds money unclaimed by Victorians, including share dividends, salaries, rents, bonds, debentures, interest and proceeds from sales.

Treasurer and Werribee MP Tim Pallas has encouraged individuals, businesses and community groups to search the SRO website, to see if they are entitled to any of the unclaimed funds.

“You will know within seconds if you’re sitting on an unexpected windfall,” Mr Pallas said.

Data from the SRO shows that Hoppers Crossing is among the top five areas in the state for unclaimed money.

More than 3550 entitlements, adding up to a total of $347,916, are waiting to be found by Hoppers Crossing residents.

There are millions of unclaimed entitlements across Victoria, ranging from as little as $20 all the way up to $994,994 – the biggest single entitlement – which is owed to a Mulgrave woman.

A Brighton East woman has an unclaimed entitlement of $412,610, while another in Ardeer has $259,828 waiting for her.

Last financial year, the SRO reunited $16.6 million with its rightful owners through more than 18,000 entitlements.

There are 825,211 entitlements awaiting claims in the Greater Melbourne region, worth a total of $123 million.

There is no time limit to claiming held money, see sro.vic.gov.au/unclaimedmoney for details.