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OVER $600 MILLION LEFT UNCLAIMED IN AUSTRALIAN BANKS & SUPERFUNDS. PUT YOUR CLAIM IN NOW.

It seems some of us don’t even bother to collect what’s ours, with new figures showing there is a record high $636 million in unclaimed money in Australia.

Among the largest parcels were $992,750 in a Perth individual’s bank account and $718,151 belonging to a Melbourne-based “lost shareholder” of grain seller Australian Wheat Board Pty Ltd, which was taken over last year.

You could perhaps be a relative or other type of beneficiary entitled to one of the 975,231 money parcels  the Australian Securities and Investments Commission (ASIC) has on its database.

People can search for themselves for unclaimed money via ASIC’s MoneySmart website, ASIC’s Delia Rickard said.

“There is more money in the unclaimed money pool than ever before, so even if you’ve already searched, you should look again,” Ms Rickard said in a statement.

The average parcel of money was $652 and last year Australians recovered $62 million, she said.

Those with unclaimed money include: people not making a transaction on their cheque or savings account for over seven years; stopped making payments on a life insurance policy; moved without leaving a forwarding address; have noticed that regular dividend or interest cheques have stopped coming; or were executor of a deceased estate.

Log into ASIC’s free online database at www.moneysmart.gov.au, follow the link to unclaimed money, and type in your name.

Sourced & published by Henry Sapiecha

WORLDS RICHEST TEEN POP STAR-JUSTIN BIEBER
Justin Bieber: named richest teen by People magazine.Justin Bieber: named richest teen by People magazine. Photo: Penny Stephens

PINK DIAMOND BLACK CORAL PENDANT HERE

After riding the fast road to fame in 2009, Justin Bieber has topped a People magazine list of the richest teen stars, pulling in $US53 million ($50.74 million) last year.

Both the singer and his bank balance enjoyed stellar success in 2010 with ventures such as his 3-D concert movie Never Say Never, his perfume line and record sales.

The 17-year-old has been at work non-stop since he found fame at the age of 14, and recently told the Hollywood Reporter he wanted to take some time off from touring and performing to focus on his home life and “grow up”.

US singer and actress Miley Cyrus.

World’s richest teens www.pinkbits.net

US singer and actress Miley Cyrus. Photo: AP

  • US singer and actress Miley Cyrus.
  • Canadian singer Justin Bieber.
  • Nick Jonas of the Jonas Brothers.
  • Actor Jaden Smith.
  • Actress Willow Smith.
  • Twilight actor Taylor Lautner.
  • Singer, Selena Gomez.

People’s richest teen list is based on 2010 earnings, and Hannah Montana star Miley Cyrus was not far behind Bieber, with a pay cheque of $US48 million ($45.95 million) for the year thanks to her recent world tour.

Cyrus’ ex-boyfriend Nick Jonas pulled in $US12.5 million ($11.97 million), followed by Will Smith’s kids – Jaden and Willow – who both banked an estimated $US9 million ($8.62 million) each.

PINK DIAMOND BLACK CORAL PENDANT HERE

Also on the cash countdown are Taylor Lautner ($US8.5 million/$8.14 million) and Selena Gomez ($US5.5 million/$5.27 million).

Sourced & published by Henry Sapiecha

IS AUSTRALIA A SICK COUNTRY?

BOAT PEOPLE COME HERE AND

SUE US FOR GETTING STRESSED

AND WE PAY THEM

COMPENSATION.

LEGAL SYSTEM GONE MAD

Asylum compo bill tops $16m

Natalie O’Brien

June 11, 2011

ALMOST $8 million in compensation has been paid to 55 asylum seekers and detainees in the past two years for injuries and psychological damage suffered while in Australian detention centres.

The payments bring the total amount of compensation paid in the past decade to more than $16 million, Department of Immigration figures show. From 2000 to 2009, there were 54 compensation cases.

But the bill to taxpayers is expected to grow as another 32 claims for compensation were lodged with the courts between July 2009 and March. A spokeswoman for the DoI said most of these cases related to time in immigration detention and involved 10 people who arrived by boat.

Advocates have warned that, as the number of asylum seekers and others being kept in detention centres continues to rise, so will the number of cases for compensation.

A spokesman for the Immigration Minister, Chris Bowen, said asylum seekers had appropriate access to health and mental health services in detention, including psychologists and other mental health practitioners.

”The payouts you refer to relate to people in immigration detention prior to August 2007 and most related to the 247 cases that were referred by the department to the Ombudsman following the Palmer and Comrie reports,” the spokesman said. ”The increase in compensation over the past three years is due to the department resolving many of these.”

Julian Burnside, QC, said there would be many more cases before the courts unless the way people were treated in detention changed. ”It is so utterly predictable,” he said. ”Psychiatrists would have told us this would happen. History has shown us this has happened, and [continues] to happen.”

? A Fijian woman in a wheelchair who suffered a brain tumour and now has Parkinson’s disease will be thrown out of the country, even though her children are Australian citizens and her primary carers.

The Department of Immigration has refused a visa for Kushma Wati Kishore and her husband, and are intent on forcing them to return to Fiji where they have no home and family able to care for her.

Despite pleas to the government to intervene, the department says she must leave tomorrow.

Mrs Kishore and her family are devastated. ”We don’t have anywhere to go,” she said yesterday.


Tom McKaskill – Stategic Exit Ebooks – Free Download


Tom Mckaskill is Australia’s leading expert on how successful entrepreneurs start, develop and harvest their ventures. He is acknowledged as the world’s leading expert on exit strategies for high growth enterprises and strategic value exits.

Over a twenty year period as an active entrepreneur, Dr. McKaskill’s experience included multiple start-ups in the UK and USA, raising venture capital twice, undertaking two acquisitions and strategic trade sales of three businesses.

Below is a link to a series of 4 E-books and 1 Workbook focused around the topics of developing your business with a Strategic Exit in mind.

To download this series of Ebooks, Click Here

Also check out Tom’s website at www.drexit.net/

Regards,
Steve Torso
Managing Director
Wholesale Investor
s.torso@wholesaleinvestor.com.au

Received & published by Henry Sapiecha

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