Logan renters who have forgotten to collect old bonds could be heading for a payday.
Queensland renters have reclaimed more than $6.2 million in forgotten rental bonds since July 2023 according to the Residential Tenancy Authority (RTA).
Since launching a campaign in mid-July to connect 114,000 Queenslanders with their forgotten rental bonds, more than 6,200 customers have come forward to take their slice of a $6.2 million pie.
According to the data collected by the RTA the largest bond returned was $12,677.00 with the average bond returned $988.00 and the oldest bond returned from the 5 September 2007.
RTA Chief Executive Officer Jennifer Smith encouraged Queenslanders to keep their details up to date with the RTA.
“Our goal is to not only reconnect as many people with the money they’re owed now, but we’re also partnering with key sector groups, including the Real Estate Institute of Queensland and Tenants Queensland, to raise awareness so we can reduce the volume of future forgotten bonds held by the RTA,” Ms Smith said.
To assist renters and former renters to reclaim forgotten bond the RTA has published a kit to encourage people to check if they are owed bond monies.
The amplifier kit contains:
- graphics you can download and share across social media and newsletters
- suggested social media captions
- a printable factsheet on how to search for forgotten bond monies and
- links to the RTA’s campaign page and FAQs.
To access the kit visit www.rta.qld.gov.au/bondpayments.
