Almost 50 per cent of consumers aged 18 to 24 are now interested in trading or investing in financial markets, according to a new survey, as aspirational wealth creation becomes a mainstream fixture of Gen Z pop culture.
A survey of 1005 Australians by foreign exchange broker Global Prime in October, in which more than half the participants were under 45, found respondents in the 18-24 age bracket are “interested in trading and investing since the coronavirus pandemic began”.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com