Adoption of savings and investment products by young people Australia 2023

Published by Statista Research Department, Feb 7, 2024
According to a survey conducted among young people aged 18 to 24 years in Australia in 2023, shares, equities or stocks, superannuation funds, and exchange traded funds were among the most common savings and investment products adopted by young people. The highest share of respondents, around 65 percent, had a savings account.

Adoption of savings and investment products by young people in Australia in 2023

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Release date

November 2023

Region

Australia

Survey time period

2023

Number of respondents

571 respondents

Age group

18-24 years

Special properties

Online survey and interviews via Zoom video conferencing

Method of interview

Online survey

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