Statistical data on share market participation can vary significantly between different government sources, with ASIC reporting that one in five people under 28 invest in shares, while Treasury data suggests nine in ten people under 35 do not have any shares, highlighting the importance of verifying data sources when analyzing investment trends.
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Jim isn't across the detailAdded:
You said nine in 10 people under 35 don't have any shares. Where did you get that data from? Cuz when I looked at it, ASIC says that one in five people under the age of 28 do invest in shares. So, is it possible that this is more prevalent than your numbers suggest? Um well, the numbers I got are the most recent numbers from the Treasury. I'd have to have a look at why there's a discrepancy between between your numbers and ours. Cuz ASIC is a government agency. Uh yeah, it's an independent regulator, but yeah, understood. Um so, I'll check that out, but regardless um you know, I think sometimes you you sometimes when you read the commentary about the change we made Tuesday night, it kind of assumes that everybody's in the share market. I guess all I'm saying is some people are in the share market, that's a good thing.
>> Authorized by A. Hawse, Liberal Canberra.
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