Australian Labor Government To Confiscate Unclaimed Money After 3 Years of Inactivity
The Australian Labor Government is desperate for money after several years of relentless spending on stupid projects and general mismanagement.
They have just rushed through legislation to enable the transfer of all money from accounts that have not been used for three years into their own revenues. This will commence after May 31st 2013.
There is no better time to read up on one of our most popular posts – How To Find Your Unclaimed Money, and tell all your friends to retrieve their unclaimed money while they still can.
Hat tip to Tim Blair for bringing this to my attention.