Unclaimed money is money from lost bank accounts, shares, investments and life insurance policies. This money becomes lost when you move house and forget to update your details with a financial institution or company.
This money is available to be claimed at any time by the rightful owner and there is no time limit on claims.
- Bank accounts become unclaimed after 7 years if the account is inactive (no deposits or withdrawals).
- Life insurance policies become unclaimed 7 years after the policy matures and is not claimed.
The unclaimed money search is a simple system to use. Enter your name and see the results in a few seconds. There is no cost associated by using this government service but be aware that there are private, advertised companies who will use this free system and charge you a fee for looking on your behalf.
If you have changed jobs several times over the years you may have superannuation associated in different super funds that are considered inactive. You can identify unclaimed super by linking your myGov account to the ATO and follow the instructions. It is not as simple as searching for unclaimed money but worthwhile as these amounts may be consolidated with your current fund.
The University of South Australia Tax Clinic provides free, confidential tax advice, representation, education and advocacy to unrepresented taxpayers and small businesses.
Under the supervision of qualified tax professionals, the UniSA Tax Clinic is staffed by students who can support unrepresented taxpayers across a range of tax matters.
If you are an individual or a small business without a tax agent, contact 8302 0100 to arrange an appointment, or submit an enquiry via the online enquiry form.
Appointments are available during teaching terms August to October and March to May between 10.00am - 4.00pm Wednesday - Friday.
The USASA Financial Counsellor can help you manage your money and assist in making the pieces of the puzzle fit.
If you are dealing with financial stress related to issues such as debt, rent, utility costs and budgeting problems a USASA financial counsellor may be able to help you. A financial counsellor can help identify your options and give you the information you need to support you through managing any debt.
What can a USASA Financial Counsellor assist you with:
- Developing a budget to help manage your finances.
- Dealing with bad financial standing with the University.
- Accessing emergency food support.
- Applying for the grant support program.
- Can help point you in the right direction to access further financial support and assistance.
If your issue is not listed here, a Financial Counsellor may still be able to assist.
Money is something we all have to manage and we all have to look after our own costs for housing, food, medicine and transport. These are expenses we juggle everyday and we should make good decisions about them.
You're the Boss is all about giving you the skills you need to budget.
You're the Boss: Money Wisdom for Life - is a free downloadable step by step guidebook to walk you through important money considerations and conversations.
Be the Boss - is a free, 3 week online course with a series of short videos to help with some great money tips, get help to sort out your bills and take control of your money.
You can access Money Wisdom for Life and Be the Boss via the attached website.