Pandemic sees influx of investors

Original article by Lucy Dean
The Australian Financial Review – Page: 33 : 31-May-23

The ASX’s latest investor survey shows that 51 per cent of Australian adults now hold investments outside of superannuation or the family home. This compares with 46 per cent in early 2020, before the onset of the COVID-19 pandemic in Australia. The report shows that more than 1.2 million Australians have started to invest in shares since the pandemic began; the ASX’s Rory Cunningham says women account for 50 per cent of the new investors, and 50 per cent of people who intend to invest. However, Irene Guiamatsia from Investment Trends notes that the overall proportion of investors who are women has remained steady at 42 per cent since 2020; she says this is primarily because women tend to have lower income than men.

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