$17.4b of hard-earned cash lost
Hard-working Australians are missing $17.4 billion in lost superannuation - more than the Big Four banks' half-yearly profits combined
Hard-working Australians are missing $17.4 billion in lost superannuation - more than the Big Four banks' half-yearly profits combined.
New figures show the average value in 3.6 million lost or forgotten super accounts has reached $4800.
NSW has $5.36 billion in unclaimed contributions, the highest in the country, followed by Victoria with $4.47 billion and Queensland ($3.81 billion), Western Australia ($2.04 billion) and South Australia ($1.22 billion). Tracking down a lost nest egg is a paper-based and painstaking procedure but there are widespread changes under way to computerise the process.
- Register Now
- Turkey condemns NSW's genocide recognition
- Mykonos: Something to 'Crowe' about
- Greek community pays tribute to Hazel Hawke
- Recognising genocide
- Fitch upgrades Greece's credit rating
- Angelopoulos' Greek drama
- Greek men affected by crisis
- New rules for reverse mortgages
- Melbourne Heart signs Massimo Murdocca
- Kastellorizian Association names their best
- 8 May 2013 | 13 Votes
- 3 May 2013 | 9 Votes
- 15 May 2013 | 9 Votes
- 8 May 2013 | 9 Votes
- 22 May 2013 | 8 Votes
- 13 May 2013 | 8 Votes
More from this Section
On top of the $26 million allocated for the 2013-14 budget, the Vic government will include an extra $1.86 million over two years for multiculturalism
The Spanish coach also brings with him assistant Pau Marti to join Michael Valkanis
AEK Athens said it was preparing to declare bankruptcy and seek relegation to the third division
Technical terminology is okay if it provides shorthand for complex ideas, explains Mark Bouris
The annual tour to Adelaide will pass through Mount Lofty, Victor Harbor, Glenelg and the Barossa Valley
From its humble beginnings, telecommunications company Star21 is growing nationally and services big names like Crown Casino and Metricon Homes
Moving through protests, strikes and tons of graffiti, she finds the embattled capital still shows glimmers of hope.
MP Maria Vamvakinou has vowed to stop Golden Dawn opening Australian offices after what she saw in Greece
Thanasi Tiliakos' scholarship to Scots College is a dream come true
After a five-men walkout from the club Sydney Olypmic rose to a magnificent win against undefeated Bonnyrigg White Eagles
Greece will get 86 million euros for curbing illegal immigration
PAS Giannina upset PAOK at Thessaloniki to take the lead at the Super League play-offs
A musical passage from the Mediterranean to Mesopotamia
Head coach John Aloisi is on a scouting hunt in Europe
The ratings agency believes the country has stabilised and moved its rating up to B-
Director Oliver Stone wished SYRIZA leader Alexis Tsipras 'good luck' in leading Greece.
A dancer for more than 15 years, 20-year-old Natalie Marinopoulos will shine in the world's first amateur production of the famous musical, The Phantom Of The Opera
Kathy Tsaples has written more than a cook book; Sweet Greek is a celebration of the Greek Australians who migrated to this country, and a lasting legacy for all her children