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  • 2020 Superannuation postcode data now published

    Re-uniting individuals with their lost and unclaimed superannuation continues to be a priority for the ATO.

    On 18 March 2021, Minister Hume issued a media release announcing the publication of figures for lost and unclaimed super money across Australian states and postcodes on ato.gov.au. Previously, postcode data campaigns have attracted significant media attention.

    The lost and unclaimed super money postcode campaign highlights which postcodes and associated suburbs have the highest amount of lost super which is held by the ATO and unclaimed super held by super funds.

    Here are some highlights from the report:

    • All states significantly reduced their lost and unclaimed super holdings from the previous financial year.
    • New South Wales had the highest value of lost and unclaimed super with $3.4 billion, followed by Victoria with $2.2 billion.
    • Sydney’s inner suburb postcode 2000 had the most lost and unclaimed super.
    • North Queensland postcode 4870 had the second highest value of lost and unclaimed super.
    • As at 30 June 2020, there was $13.8 billion in lost super and unclaimed super. This is a reduction of $7 billion compared to 30 June 2019.

    The data in the publication aims to re-engage people with super money they may have forgotten about and encourage them to consider consolidating multiple accounts.

    Under the Protecting Your Super reforms, from 1 November 2019 to 28 February 2021, we proactively reunited $4.3billion worth of unclaimed super to almost 3.3 million accounts.

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      Last modified: 25 Mar 2021QC 65150