Newspaper article News Mail Bundaberg Qld.

Bundy's Unclaimed Fortune

Newspaper article News Mail Bundaberg Qld.

Bundy's Unclaimed Fortune

Article excerpt

Byline: Mike Derry

MONEY HOT SPOTS

Cairns $74 million

Mackay $70 million

Toowoomba $60 million

Gladstone $50 million

Bundaberg $47 million

BUNDABERG people are not looking after their retirement, with figures showing the region has the fifth highest amount of unclaimed superannuation in Australia.

The figures show there is $47 million of Bundaberg residents' super sitting unclaimed.

But at least we're not as bad as Cairns, whose residents have notched up $74 million in unclaimed retirement money Co the highest in Australia.

Robert Oayda is CEO of Betta IT solutions, a company that has set up supafinda. com.au to help people track down any super they may have lost track of.

C[pounds sterling]It's quite a staggering total across Australia,C[yen] he said.

C[pounds sterling]And it's also staggering that there are five million accounts with unclaimed super.C[yen]

He said there was an average of $4000 in each unclaimed super account. …

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