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Featured Article
Unclaimed Money – Use it or Lose it
April 9, 2013
The government’s move to transfer cash from inactive accounts in which banks cannot find the owner to Treasury coffers has highlighted the need to watch your savings.
Australia is not Cyprus, but the new rules applying from May 31 2013 have the potential to affect thousands of deposit holders who fail to properly manage their investments.
Under the new policy, funds from some accounts that have had no withdrawals or transfers for the past three or more years, and where the account holder is...
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