Revenue NSW currently has 430,000 unclaimed items from deceased estates, share dividends, bonds and overpayments.
The value of the unclaimed money ranges from $20 in share dividends to a trust fund worth more than $1 million.
To check if you have unclaimed money, visit the Revenue NSW website and use their free online search tool. People can also visit any Service NSW centre where a staff member can conduct the online search.
The NSW Government holds this money indefinitely until it is claimed. It sits with Revenue NSW because the owners’ contact details are out of date and they’re hard to track down.
Minister for Finance, Services and Property Victor Dominello said it only takes a few minutes to check but you could walk away with extra money in your pocket.
“Cost of living is a major issue facing families and households across the state, which is why we want people to check their eligibility,” Mr Dominello said.