The Australian Share Ownership Study (Study) released today by the Australian Securities Exchange (ASX) shows that 6.7 million people or 38% of the adult Australian population invested in the Australian share market, either directly (via shares or other listed investments) or indirectly (via unlisted managed funds), in 2012.
This is a decline from 43% total share ownership when the Study was last conducted in 2010. Total share ownership peaked in 2004 prior to the global financial crisis when 55% of adult Australians owned shares either directly or indirectly. Direct share ownership also declined from 39% to 34% over this period.
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