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June 12th, 2014 
Awake Goy ATO’s $740m windfall after 730,000 ‘unclaimed’ super accounts seized
- The Australian
- November 01, 2013
Reporter-Investigations Unit
Sydney
THE federal government has booked a massive $740 million windfall after seizing control of 730,000 “unclaimed” superannuation accounts.
The Australian Taxation Office took control of $1.2 billion of super funds in the year to June – up from $141m the year before – under budget-boosting laws brought in under Labor late last year.
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