CASH GRAB: Inactive Australian bank accounts to be seizedNews.com.au
Feb. 27, 2013
Sweden: Police Suspect Grenade Used in Recent Attack
Previously Deported Illegal Goes On Murderous Rampage Days After CT Gov Refused To Work With ICE
Report: Kushner, Ivanka Stripped Anti-Climate Change Executive Order, Plot To Push Global Warming
'Trump Was Right': Migrants Riot, Loot, Fight With Police And Set Cars On Fire In Sweden
Sweden's Migrant Crime Wave Becomes Top National Story As Media's Lies Backfire
HOUSEHOLDS face losing up to $109 million from their family savings as the Federal government moves to seize cash from inactive bank accounts.
After legislation was rushed through parliament, the government will from May 31 be able to transfer all money from accounts that have not been used for three years into their own revenues.
This will mean that accounts with anything from $1 upwards that have not had any deposit or withdrawals in the past three years will be transferred to the Australian Securities and Investment Commission.