This article appeared in the Listed@ASX email newsletter. To subscribe to this newsletter please register with the MyASX section or visit the About MyASX page for past editions and more details.

2006 Australian Share Ownership Study

Today’s share owners are more active and sophisticated than ever before, according to the 2006 Australian Share Ownership Study released recently by the Australian Securities Exchange.

This is the tenth study in a series dating back to 1991. Conducted late last year, the 2006 Study provides the latest information on the attitudes, knowledge and behaviour of retail participants towards share investing in Australia.

As in previous years, the most recent study makes for fascinating and insightful reading. Approximately 7.3 million people or 46% of the Australian population own shares directly or indirectly via a managed fund or self-managed superannuation fund. In terms of direct share ownership, 6 million people or 38% of the Australian population were direct investors. 

While some retail investors have left the market since the last Study in 2004, the results show that today’s share holders are generally more active, more sophisticated and more knowledgeable about the market than ever before. It underlines the strong level of engagement retail investors have with the market and the overall maturity of the Australian marketplace.

Copyright 2007 ASX Limited ABN 98 008 624 691. All rights reserved 2007.
Information provided is for educational purposes and does not constitute financial product advice.  You should obtain independent advice from an Australian financial services licensee before making any financial decisions.  Although ASX Limited ABN 98 008 624 691 and its related bodies corporate (“ASX”) has made every effort to ensure the accuracy of the information as at the date of publication, ASX does not give any warranty or representation as to the accuracy, reliability or completeness of the information.  To the extent permitted by law, ASX and its employees, officers and contractors shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided or omitted or from any one acting or refraining to act in reliance on this information. This document is not a substitute for the Operating Rules of the relevant ASX entity and in the case of any inconsistency, the Operating Rules prevail.