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14 Jul 2013 - ATO held monies increases by 18% to $886.9 million

As a result of the auto transfer of lost accounts under $200 the amount that the Australianaxation Office now holds has increased from $729.5 million to $886.9 million up until June 30, 2012.

The amount that the ATO will receive will triple because the transfer threshold has increased from $200 to $2,000. This amount will increase again to $3,000 from December 2016.

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