I feel like this should be an April fools joke. Can you believe it? AU govt will seize bank accounts that have been inactive for 3 years or more. You can get it back but will be a long process apparently. The legislation was passed with very little fanfare as far as I have heard.
My 5 year old's savings account would definitely have gone. best intentions and all that
I wonder if I should post this in chat for Aussie expats living in the UK?